Rice Lacy I III 4

What Happened

• Rice Lacy I III, a director of United Bankshares, was granted 1,588 shares of restricted stock on 2026-02-19. The reported acquisition price is $0.00 (total $0) and the award is reported as an "A" (award/grant) transaction.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-20 (timely).
• Shares granted: 1,588; Price per share reported: $0.00; Total reported value: $0.
• Shares owned after the transaction: not specified in this filing.
• Footnotes: F1 — shares were granted as restricted stock and vest in three equal annual installments. F2 — additional stock acquired via the Dividend Reinvestment Plan (as noted in the filing).
• Transaction code: A (award/grant). No indication of a sale or 10b5-1 plan; not a late filing.

Context

• This was a restricted stock grant, not an open-market purchase or sale. Because the shares vest over three years, they are not fully tradable immediately; such grants are common as compensation or director retention and do not by themselves prove a change in the insider’s view of the company.