Draber Ross M 4
4 · UNITED BANKSHARES INC/WV · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
United Bankshares EVP Ross M. Draber Withholds 922 Shares for Taxes
What Happened Ross M. Draber, Executive Vice President of United Bankshares (UBSI), had 922 shares withheld to satisfy a tax liability related to a prior equity award/exercise. The shares were reported as disposed at $44.07 per share, for a total value of $40,633. This was a tax-withholding transaction (routine) rather than an open-market sale.
Key Details
- Transaction date: 2026-02-20
- Reported filing date: 2026-02-24 (filed within the standard two-business-day window)
- Price per share: $44.07; shares withheld/disposed: 922; total value: $40,633
- Transaction code: F (payment of exercise price or tax liability — here used for tax withholding)
- Shares owned after the transaction: not specified in the provided filing
Context Code F typically means shares were surrendered or withheld to cover taxes from a stock option exercise or restricted stock vesting. This is a common, administrative action and does not indicate an open-market sale or a change in insider sentiment. Purchases generally carry more informational weight for investors; tax withholdings are routine and reduce reported beneficial ownership but are not usually a trading signal.
Insider Transaction Report
- Tax Payment
Common Stock
2026-02-20$44.07/sh−922$40,633→ 28,251.942 total
- 5,555.283(indirect: By 401(k))
Common Stock
- 1,453
Stock Option
Exercise: $32.51From: 2020-02-24Exp: 2030-02-24→ Common Stock (1,453 underlying) - 3,000
Stock Option
Exercise: $37.60From: 2018-02-26Exp: 2028-02-26→ Common Stock (3,000 underlying) - 3,200
Stock Option
Exercise: $38.49From: 2019-02-25Exp: 2029-02-25→ Common Stock (3,200 underlying) - 2,500
Stock Option
Exercise: $45.30From: 2017-02-27Exp: 2027-02-27→ Common Stock (2,500 underlying)