UNITED BANKSHARES INC/WV·4

Feb 24, 3:10 PM ET

Shaver Ami L 4

Research Summary

AI-generated summary

Updated

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.