United Bankshares (UBSI) Director Jackson Diana Lewis Receives Award

What Happened

• Jackson Diana Lewis, a director of United Bankshares, was granted 1,588 restricted shares on February 19, 2026. The shares were reported at $0.00 per share (an equity award/grant), so the filing lists $0 total purchase price — this was an award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-19 (reported on Form 4 filed 2026-02-20).
• Transaction type/code: A = Award/Grant of restricted stock.
• Shares granted: 1,588; price reported: $0.00 per share (award).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The restricted stock award vests in three equal annual installments.
• Timeliness: Filing appears timely (transaction 2026-02-19, Form 4 filed 2026-02-20).

Context

• Restricted stock grants are a form of compensation that typically vest over time and may not be freely sellable until vesting conditions are met, so they are not the same as an outright purchase by the insider.
• Such awards are common for directors and executives as part of pay/retention packages; they are informative about compensation but do not necessarily signal immediate bullish or bearish trading intent.