United Bankshares Inc West Va SEC Filings

United Bankshares Inc. (UBSI) director Winter P. Clinton reported multiple changes in beneficial ownership on 10/08/2025. The filing shows a disposition of 457,070 shares of common stock and continued indirect holdings of 36,800 shares through Bray & Oakley Insurance and 1,000 shares held by spouse. The report also records a disposition of 536 phantom stock units that are payable in cash following termination of employment; those units equate to 536 underlying common shares at a price of $37.0949 per share, leaving 54,396 shares beneficially owned directly after the transactions.

The filing is a Section 16 Form 4 reporting a director-level transaction; it discloses both direct and indirect ownership changes and the payout mechanics for the phantom stock (cash payable upon termination).

United Bankshares (UBSI) Form 4 summary: Director Winter P. Clinton reported a large open-market disposition of 457,070 shares on 08/26/2025, leaving him with 53,860 shares beneficially owned after the transaction. He also reports indirect ownership of 36,800 shares through Bray & Oakley Insurance and 1,000 shares held by his spouse. Additionally, 662 units of phantom stock were reported on 08/26/2025; these phantom units are payable in cash following the reporting person’s termination and the filing lists the underlying common stock amount as 662 shares with a price of $38.231. The filing is a single-person Form 4 and notes the director relationship to the issuer.

United Bankshares reported stronger results in the first half of 2025 with consolidated assets of $32,783,363 thousand, up from $30,023,545 thousand, driven by loan growth and the acquisition of Piedmont Bancorp. Net income was $120,721 thousand for the quarter (up from $96,507 thousand a year ago) and $205,027 thousand for six months (up from $183,321 thousand), producing basic EPS of $0.85 for the quarter and $1.44 for six months. Net interest income rose to $274,537 thousand for the quarter and $534,592 thousand year‑to‑date, reflecting higher loan yields and short‑term investment income. Deposits increased to $26,335,874 thousand from $23,961,859 thousand, supporting loan growth to $24,050,222 thousand gross. The company completed the Piedmont acquisition for $280,967 thousand, issuing 7,860,831 shares and recording $130,021 thousand of goodwill and $32,764 thousand of core deposit intangibles. Management recorded acquisition costs and purchase‑related credit provisions; available‑for‑sale securities carried $268,656 thousand of unrealized losses largely due to rising interest rates.

United Bankshares, Inc. (UBSI) – Form 4 filed 08/06/2025

Director Clinton P. Winter reported a Code P acquisition of 278 phantom stock units at an average reference price of $35.7692. Phantom stock is settled in cash after the director leaves the company and therefore does not immediately dilute equity, but aligns compensation with share-price performance.

Following the transaction, Winter’s holdings stand at:

• Common stock – direct: 457,070 shares
• Common stock – indirect: 36,800 shares via Bray & Oakley Insurance and 1,000 shares held by spouse
• Phantom stock: 53,198 units (including the 278 newly acquired)

The purchase value is roughly $10k, a modest amount relative to the director’s existing stake and UBSI’s $5 bn+ market cap. No sales were reported. The filing signals continued insider alignment but is unlikely to be financially material for investors.