Harris Patrice A 4
Research Summary
AI-generated summary
United Bankshares (UBSI) Director Patrice A. Harris Receives Award
What Happened
- Patrice A. Harris, a director of United Bankshares, Inc. (UBSI), received a grant of 1,588 restricted shares on February 19, 2026. The Form 4 records the acquisition as an award (code A) at $0.00 per share (no cash paid).
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-20 (timely filing).
- Shares granted: 1,588; price reported: $0.00; total cash paid: $0.
- Vesting: The award vests in three equal annual installments (footnote F1).
- Shares owned after transaction: Not specified in the filing.
- Additional note in filing (F2): additional stock acquired via the Dividend Reinvestment Plan.
- Filing timeliness: Filed one day after the transaction, so not reported late.
Context
- This was a restricted stock award (compensation), not an open-market purchase or sale. Restricted stock vests over time and is commonly used for director/employee compensation; it does not by itself indicate a buy or sell decision by the insider.