CONVERSE PETER A 4

What Happened Peter A. Converse, a director of United Bankshares, was granted 1,588 restricted shares on February 19, 2026. The Form 4 reports the acquisition price as $0.00 (total $0) and classifies the transaction as an award/grant (transaction code A). This is a compensation-related equity grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-20 (timely filing).
• Shares granted: 1,588; reported acquisition price: $0.00 (total $0) on the Form 4.
• Shares owned after the transaction: Not provided in the data supplied.
• Footnote: Grant is restricted stock that vests in three equal annual installments (per footnote F1).
• Transaction code: A (award/grant). No 10b5-1, tax-withholding, or late-filing flags indicated in the provided filing.

Context Restricted stock grants are a common component of director compensation and typically vest over time, which means the shares are subject to forfeiture until vesting conditions are met. Such awards are routine and do not by themselves indicate buying or selling sentiment; they are compensation that will convert to freely tradeable shares only as they vest.