White Gary G 4
Research Summary
AI-generated summary
United Bankshares (UBSI) Director Gary G. White Receives Award
What Happened
Gary G. White, a director of United Bankshares, was awarded 1,588 restricted shares on February 19, 2026. The shares were reported as acquired at $0.00 (a restricted stock grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-19; reported on Form 4 filed 2026-02-23. The filing date is later than the typical two-business-day reporting window for Form 4s.
- Transaction type/code: A — Award/Grant of restricted stock.
- Shares granted: 1,588; acquisition price reported $0.00.
- Vesting: Award vests in three equal annual installments (footnote F1).
- Shares owned after transaction: Not disclosed in the information provided.
- Other footnotes: F2 references additional stock acquired via a Dividend Reinvestment Plan (appears as a general footnote in the filing).
Context
Restricted stock grants to directors are a common form of compensation and do not by themselves indicate buying or selling sentiment. Because this was an awarded grant (not a market purchase), it’s generally viewed as compensation rather than a direct bullish signal from the insider. The delayed filing may be worth noting for compliance tracking but does not change the nature of the grant.