Shaver Ami L 4
4 · UNITED BANKSHARES INC/WV · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
UNITED BANKSHARES (UBSI) EVP Ami Shaver Withholds 368 Shares for Taxes
What Happened
Ami L. Shaver, Executive Vice President of United Bankshares (UBSI), had 368 shares withheld on Feb 20, 2026 to satisfy tax liability related to an option exercise. The withholding was at $44.07 per share for a total value of about $16,218. This was not an open-market sale but a tax-payment/withholding disposition.
Key Details
- Transaction date: 2026-02-20
- Price per share: $44.07; Shares withheld/disposed: 368; Total value: $16,218 (approx.)
- Transaction code: F — payment of exercise price or tax liability (share withholding)
- Filing date: 2026-02-24 (filed within required timeframe — timely)
- Shares owned after transaction: not specified in the provided excerpt
- Note: "Disposed" here reflects shares surrendered/withheld to cover taxes, not a public sale
Context
This appears to be a routine tax-withholding event following an option exercise (a common administrative step). Such withholdings are not generally interpreted as a market sentiment signal in the same way as open-market purchases or sales. The amount involved (~$16k) is modest and typical for withholding to cover tax obligations.
Insider Transaction Report
- Tax Payment
Common Stock
2026-02-20$44.07/sh−368$16,218→ 15,964.464 total
- 9,538.794(indirect: By 401(k))
Common Stock
- 906
Stock Option
Exercise: $32.51From: 2020-02-24Exp: 2030-02-24→ Common Stock (906 underlying) - 2,000
Stock Option
Exercise: $37.60From: 2018-02-26Exp: 2028-02-26→ Common Stock (2,000 underlying) - 2,000
Stock Option
Exercise: $38.49From: 2019-02-25Exp: 2029-02-25→ Common Stock (2,000 underlying) - 2,000
Stock Option
Exercise: $45.30From: 2017-02-27Exp: 2027-02-27→ Common Stock (2,000 underlying)