MCNAMARA J PAUL 4

What Happened J. Paul McNamara, a director of United Bankshares, was granted 1,588 restricted shares on February 19, 2026. The grant was reported at a price of $0.00 (total reported value $0). This was a compensation award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: Feb 19, 2026; Form 4 filed Feb 23, 2026 (filed within the typical 2-business-day reporting window).
• Type: Award of restricted stock (transaction code A).
• Amount/price: 1,588 shares at $0.00 (reported value $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares were acquired pursuant to a grant of restricted stock; the award vests in three equal annual installments.
• No indication of a 10b5-1 plan, gift, or tax-withholding event in the filing.

Context Restricted stock grants are a common form of director compensation and vest over time, so they don’t represent an immediate market purchase or sale. Such awards align insider compensation with long-term company performance but should be weighed alongside purchases/sales by insiders for signals about sentiment.