Humphrey Matthew L 4
Research Summary
AI-generated summary
United Bankshares (UBSI) EVP Matthew L. Humphrey Receives 6,229-Share Award
What Happened
Matthew L. Humphrey, Executive Vice President of United Bankshares, was granted 6,229 shares as a restricted stock award on 2026-02-19. The shares were reported as acquired at $0.00 (award/grant), so there was no cash paid by the insider for the shares.
Key Details
- Transaction date: 2026-02-19; Filing date: 2026-02-20 (timely filing).
- Amount: 6,229 shares granted; reported acquisition price $0.00 (award).
- Vesting: The award vests in three equal annual installments (footnote F1).
- Additional note: Footnote F2 indicates the filing includes extra shares acquired under the UBSI 401(k) plan since the last 401(k) ownership report.
- Shares owned after the transaction: not specified in the provided excerpt—see the full Form 4 for total beneficial ownership.
Context
Restricted stock awards are a form of compensation that carry vesting restrictions; they do not require an immediate cash outlay by the insider and are different from open-market purchases. Such grants are common for executives and reflect compensation practices rather than an outright market purchase or sale. For a complete picture of the insider’s holdings and any tax-withholding or other mechanics, consult the full Form 4 filing.