United Bankshares (UBSI) director adds 710 phantom stock units at $42.54
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITED BANKSHARES INC/WV director WINTER P CLINTON reported a purchase of phantom stock tied to UBSI shares. On February 25, 2026, the director bought 710 units of Phantom Stock at $42.5372 per unit in an open-market or private transaction. These phantom stock units are described as 1 for 1 with UBSI shares and are payable in cash after the director’s termination of employment.
Following this transaction, the director held 56,674 phantom stock units. As of the same date, reported common stock holdings were 458,658 shares directly, 36,800 shares indirectly through Bray & Oakley Insurance, and 1,000 shares indirectly held by spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 710 shares ($30,201)
Net Buy
4 txns
Insider
WINTER P CLINTON
Role
Director
Bought
710 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Phantom Stock | 710 | $42.5372 | $30K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 56,674 shares (Direct);
Common Stock — 458,658 shares (Direct);
Common Stock — 36,800 shares (Indirect, Bray & Oakley Insurance)
Footnotes (1)
- 1 for 1 Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.
FAQ
What insider transaction did UBSI director WINTER P CLINTON report?
WINTER P CLINTON reported buying 710 units of Phantom Stock linked to UNITED BANKSHARES INC/WV at $42.5372 per unit. The transaction occurred on February 25, 2026 and was classified as an open-market or private purchase.
How many UBSI phantom stock units does the director hold after this transaction?
After the reported transaction, the director holds 56,674 units of Phantom Stock. These units are described as 1 for 1 with UBSI shares and are payable in cash following the reporting person’s termination of employment with UNITED BANKSHARES INC/WV.
What common stock holdings of UBSI does WINTER P CLINTON report?
The filing lists 458,658 UBSI common shares held directly, plus 36,800 shares held indirectly through Bray & Oakley Insurance and 1,000 shares held indirectly by the director’s spouse, all as of the February 25, 2026 reporting date.
How is the UBSI phantom stock described in the Form 4 filing?
The phantom stock is noted as 1 for 1 with UBSI shares, meaning each unit tracks one share. According to the footnote, shares of phantom stock are payable in cash after the reporting person’s termination of employment with UNITED BANKSHARES INC/WV.
Was the UBSI insider transaction a purchase or a sale?
The transaction was a purchase. The Form 4 classifies it with code P, described as a purchase in open market or private transaction, and shows the director buying 710 phantom stock units at $42.5372 per unit.