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Executive at United Bankshares (NASDAQ: UBSI) uses 679 shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

United Bankshares Executive Vice President Ami L. Shaver reported share dispositions to cover taxes tied to equity compensation. On February 22 and February 23, Shaver delivered 369 and 310 shares of common stock, respectively, at $44.2800 per share as tax-withholding dispositions.

After these transactions, Shaver held 15,285.4639 shares of United Bankshares common stock directly and 9,538.7941 shares indirectly through a 401(k) plan, along with multiple stock option positions reported as holdings.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shaver Ami L

(Last) (First) (Middle)
514 MARKET ST

(Street)
PARKERSBURG WV 26101

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNITED BANKSHARES INC/WV [ UBSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/22/2026 02/22/2026 F 369 D $44.28 15,595.4639 D
Common Stock 02/23/2026 02/23/2026 F 310 D $44.28 15,285.4639 D
Common Stock 9,538.7941 I By 401k
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $32.51 02/24/2020 02/24/2030 Common Stock 906 906 D
Stock Option $37.6 02/26/2018 02/26/2028 Common Stock 2,000 2,000 D
Stock Option $38.49 02/25/2019 02/25/2029 Common Stock 2,000 2,000 D
Stock Option $45.3 02/27/2017 02/27/2027 Common Stock 2,000 2,000 D
Explanation of Responses:
Shelli L. Adams 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did UBSI Executive Vice President Ami L. Shaver report?

Ami L. Shaver reported two tax-withholding dispositions of United Bankshares common stock. These occurred on February 22 and February 23, 2026, and were filed as Form 4 transactions, indicating shares were delivered to cover tax obligations from equity compensation.

How many United Bankshares (UBSI) shares were used for Shaver’s tax withholding?

Shaver delivered a total of 679 United Bankshares common shares for tax withholding. This consisted of 369 shares on February 22, 2026, and 310 shares on February 23, 2026, all at a reported price of $44.2800 per share.

Were Ami L. Shaver’s UBSI transactions open-market sales or tax-related?

The reported United Bankshares transactions were tax-related dispositions, not open-market sales. Both carried transaction code F, described as payment of tax liability by delivering securities, which is typical when restricted stock or similar awards vest.

What is Ami L. Shaver’s United Bankshares share ownership after these transactions?

Following the tax-withholding dispositions, Shaver directly owned 15,285.4639 United Bankshares common shares. In addition, Shaver indirectly held 9,538.7941 common shares through a 401(k) plan, as well as several stock option positions reported as holdings.

At what price were the UBSI shares valued for Shaver’s tax-withholding dispositions?

The United Bankshares shares used for Shaver’s tax-withholding dispositions were valued at $44.2800 per share. This price applied to both the 369-share transaction on February 22, 2026, and the 310-share transaction on February 23, 2026.

What types of securities did Ami L. Shaver report holding in the UBSI Form 4?

Shaver reported holdings of United Bankshares common stock and multiple stock option positions. Common shares included direct ownership and indirect ownership through a 401(k) plan, while several stock option grants were listed as holdings with specified post-transaction amounts.
United Bankshares Inc West Va

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