Shaver Ami L 4
Research Summary
AI-generated summary
United Bankshares (UBSI) EVP Ami Shaver Receives Restricted Stock Award
What Happened Ami L. Shaver, Executive Vice President of United Bankshares, was granted 2,042 restricted shares on 2026-02-19. The shares were reported at $0.00 on the Form 4 (award/grant transaction code A). The award vests in three equal annual installments, per the filing.
Key Details
- Transaction date: 2026-02-19; transaction type: Award/Grant (A).
- Shares granted: 2,042; reported price: $0.00 (typical for restricted stock grants on Form 4).
- Vesting: Three equal annual installments (see footnote F1).
- Filing date: 2026-02-20 (filed the day after the reported transaction; appears timely).
- Footnote F2: Filing notes inclusion of additional shares acquired under the UBSI 401(k) plan since the reporting person's last 401(k) ownership report.
- Total shares owned after the transaction: not specified in the provided excerpt of the filing.
Context Restricted stock grants are a common form of executive compensation and usually serve as a retention/incentive mechanism; they are not open-market purchases or sales. Because these shares vest over time, they do not represent immediate liquidity or a sale and should be viewed as part of the executive's compensation rather than an explicit buy/sell signal.