Mildren Charles J. 4

What Happened

• Charles J. Mildren, Executive Vice President of United Bankshares Inc. (UBSI), had 331 shares disposed on Feb 20, 2026 as tax withholding. The shares are reported at $44.07 each, for a total value of about $14,587. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-20, 331 shares @ $44.07 each.
• Total value of shares withheld: approximately $14,587.
• Transaction type: Code F — shares withheld to satisfy tax withholding on equity compensation (e.g., option exercise or RSU vesting).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-02-24 (four days after the reported transaction date); Form 4s are typically due within two business days, so this appears later than usual.

Context

• A code F disposition generally means the insider surrendered shares to cover tax obligations tied to a grant or exercise; it does not signal an investment sell decision in the open market.
• For retail investors: tax-withholding disposals are routine following vesting or exercises and are less informative about insider sentiment than purchases.