UBSI EVP Anna J. Schultheis Withholds 353 Shares for Taxes

What Happened

• Anna J. Schultheis, Executive Vice President of United Bankshares, surrendered 353 shares on 2026-02-20 to cover tax obligations related to an option exercise. The shares were valued at $44.07 each, totaling approximately $15,557. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date and price: 2026-02-20 at $44.07 per share.
• Shares involved: 353 shares withheld/disposed.
• Total value: about $15,557.
• Transaction code: F (payment of exercise price or tax liability / tax withholding).
• Shares owned after transaction: not specified in the provided filing.
• Filing date: 2026-02-24 — filed within the typical two-business-day Form 4 reporting window (not late).

Context

• This was a tax-withholding event following an option exercise (cashless-like disposition to satisfy tax), which is routine and generally does not signal a deliberate open-market sale or change in sentiment.
• Purchases tend to be more informative about insider conviction; tax withholdings are administrative.