DuMond Sara 4
Research Summary
AI-generated summary
United Bankshares (UBSI) Director Sara DuMond Receives Restricted Stock Award
What Happened
- Sara DuMond, a director of United Bankshares, Inc. (UBSI), was granted 1,588 restricted shares on February 19, 2026. The reported acquisition price was $0.00 (award/grant), total reported cash value $0.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (timely).
- Transaction type/code: A — grant, award or other acquisition (restricted stock).
- Shares granted: 1,588; reported price: $0.00; reported cash value: $0.
- Vesting: Award vests in three equal annual installments (per footnote).
- Shares owned after transaction: Not disclosed in the provided filing.
- No 10b5-1 plan, tax withholding, or cashless sale noted in this filing.
Context
- This was a compensation-related restricted stock grant to a director, not an open-market purchase or sale. Restricted shares typically vest over time (here, three years) and are subject to forfeiture or transfer restrictions until vested. Such awards are common as part of director compensation and do not by themselves indicate a buy/sell signal.