CONSAGRA JAMES J JR 4

What Happened

• James J. Consagra Jr., Chief Operating Officer of United Bankshares, had 2,984 shares disposed on Feb 20, 2026 to satisfy a tax obligation related to an equity event. The shares were recorded at $44.07 each, totaling approximately $131,505.
• This was a tax-withholding disposition (not an open-market sale) to cover taxes from a prior exercise/award—routine administrative action rather than a market sale.

Key Details

• Transaction date: 2026-02-20
• Transaction code: F — payment of exercise price or tax liability (shares withheld)
• Shares withheld/disposed: 2,984 at $44.07 per share
• Reported value: ~$131,505
• Filing date: 2026-02-24 (filed within the SEC’s two-business-day window — timely)
• Shares owned after transaction: Not specified in the summary provided
• Notable: This appears to be tax withholding/cashless settlement, not a 10b5-1 sale or open-market transaction

Context

• Withholding shares to cover taxes is common when executives exercise options or when restricted stock vests; it reduces outstanding holdings but is an administrative, not necessarily sentiment-driven, action.
• For retail investors, purchases or open-market sales typically carry more interpretive weight; tax-withholding dispositions are routine and often required by tax rules.