4Filed Sep 1, 8:00 PM ET
United Bankshares (UBSI) Director Mark R. Nesselroad Sells 3,200 Shares
$UBSI · UNITED BANKSHARES INC/WVResearch Summary
AI-generated summary of this SEC filing
United Bankshares (UBSI) Director Mark R. Nesselroad Sells 3,200 Shares
What Happened
- Mark R. Nesselroad, a director of United Bankshares, sold 3,200 shares of UBSI on September 1, 2026. The shares were sold in an open-market transaction at $46.42 per share, for total proceeds of $148,544. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date and price: 2026-09-01 — Sale of 3,200 shares at $46.42 each.
- Total value: $148,544.
- Transaction type/code: Open-market sale (S).
- Shares owned after transaction: Not specified in the provided filing summary.
- Notable footnotes/plans: No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the provided data.
- Filing timeliness: Form filed on 2026-09-02 (the day after the transaction); appears to be filed within the standard Form 4 reporting window.
Context
- Sales by directors can be routine (e.g., diversification, tax needs) and do not by themselves indicate company outlook. The transaction size here is relatively modest (~$148.5K) compared with large insider trades. No options or awards were involved in this filing.