Tatterson William Mark 4
Research Summary
AI-generated summary
United Bankshares (UBSI) EVP William Tatterson Sells 2,069 Shares
What Happened
- William Mark Tatterson, Executive Vice President of United Bankshares (UBSI), disposed of 2,069 shares on Feb 20, 2026. The shares were sold/withheld at $44.07 per share, producing proceeds of roughly $91,181. The filing uses transaction code "F," indicating the disposition was to satisfy an exercise price or tax liability (commonly a sell-to-cover after an option exercise or vesting).
Key Details
- Transaction date and price: 2026-02-20 — 2,069 shares at $44.07 each (≈ $91,181 total)
- Transaction code: F (payment of exercise price or tax liability / tax withholding)
- Shares owned after transaction: Not specified in the provided summary of the filing
- Filing date and timeliness: Form 4 filed 2026-02-24; appears to be filed within the standard two-business-day window
- Notable: This type of sale is typically administrative (tax withholding) rather than an open-market decision to reduce exposure.
Context
- Code F usually means the insider exercised options or had restricted shares vest and used a portion to cover taxes or exercise costs (a sell-to-cover), so it does not necessarily indicate a bearish view by the insider. For retail investors, purchases are generally more meaningful as bullish signals; tax-withholding disposals are routine.