Director WINTER P CLINTON receives 1,588 UBSI shares in equity grant
Rhea-AI Filing Summary
UNITED BANKSHARES INC/WV director WINTER P CLINTON received an equity grant of 1,588 shares of Common Stock on February 19, 2026. The shares were acquired as a grant of restricted stock with no cash paid per share and will vest in three equal annual installments.
After this grant, direct ownership in Common Stock increased to 458,658 shares. The filing also notes 55,964 shares of Phantom Stock, which are payable in cash following termination of employment, and additional indirect Common Stock holdings through Bray & Oakley Insurance and a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,588 shares
Net Buy
4 txns
Insider
WINTER P CLINTON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,588 | $0.00 | $0.00 |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 458,658 shares (Direct);
Phantom Stock — 55,964 shares (Direct);
Common Stock — 36,800 shares (Indirect, Bray & Oakley Insurance);
Common Stock — 1,000 shares (Indirect, By Spouse)
Footnotes (3)
- F1. Shares were acquired pursuant to a grant of restricted stock. The award vests in three equal annual installments.
- F2. 1 for 1
- F3. Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Was the UBSI stock acquired by WINTER P CLINTON a purchase or an award?
The 1,588 UBSI Common Stock shares were acquired as a grant of restricted stock, not an open-market purchase. The transaction carried a per-share price of $0.0000, reflecting a compensatory equity award with vesting over three annual installments.
What are the vesting terms of WINTER P CLINTON’s restricted UBSI stock award?
The 1,588-share restricted stock award vests in three equal annual installments. This means one-third of the grant is scheduled to vest each year over a three-year period, subject to the conditions described in the award’s terms.
What does the Phantom Stock holding mean in WINTER P CLINTON’s UBSI Form 4?
The Form 4 shows 55,964 shares of Phantom Stock for WINTER P CLINTON. According to the filing, these phantom shares are payable in cash, on a 1-for-1 basis, following the reporting person’s termination of employment with UNITED BANKSHARES INC/WV.
How is indirect ownership reported for WINTER P CLINTON in UBSI stock?
Indirect ownership includes 36,800 UBSI Common Stock shares held through Bray & Oakley Insurance and 1,000 shares held by a spouse. These positions are reported as indirect holdings separate from the director’s 458,658 directly owned Common Stock shares.