United Bankshares (UBSI) EVP uses company shares to cover tax withholding
Rhea-AI Filing Summary
United Bankshares, Inc. Executive Vice President Charles J. Mildren reported two share dispositions used to satisfy tax withholding obligations. On February 22 and 23, he transferred 332 and 280 shares of common stock at $44.28 per share. After these transactions, he directly holds 20,866.541 common shares and also reports indirect holdings through a 401(k) plan and immediate family accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 612 shares
Net Sell
8 txns
Insider
Mildren Charles J.
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 280 | $44.28 | $12K |
| Exercise Price or Tax Liability | Common Stock | 332 | $44.28 | $15K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,866.541 shares (Direct);
Stock Option — 11,053 shares (Direct);
Common Stock — 7,174.8355 shares (Indirect, By 401k);
Common Stock — 652.369 shares (Indirect, By Immediate Family)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did UBSI Executive Vice President Charles J. Mildren report?
Charles J. Mildren reported two dispositions of United Bankshares common stock to cover tax withholding obligations. He transferred 332 shares and 280 shares at $44.28 per share, while retaining a significant direct position plus additional indirect holdings through a 401(k) plan and family accounts.