United Bankshares EVP reports equity award, tax shares
United Bankshares Executive Vice President Ross M. Draber reported equity compensation activity in company stock.
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Rhea-AI Filing Summary
United Bankshares Executive Vice President Ross M. Draber reported equity compensation activity in company stock. On February 23, 2026, he acquired 3,700 shares of common stock at $0.00 per share from performance-based restricted stock units granted in February 2023 that vested in February 2026 upon achievement of performance goals. On the same date, he disposed of 532 shares and 1,800 shares of common stock at $44.28 per share, and on February 22, 2026 he disposed of an additional 748 shares, all to cover tax liabilities by delivering shares. After these transactions, he directly owned 28,871.942 shares of common stock and held additional stock through a 401(k) plan and several stock option positions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,700 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 532 | $44.28 | $24K |
| Exercise Price or Tax Liability | Common Stock | 1,800 | $44.28 | $80K |
| Exercise Price or Tax Liability | Common Stock | 748 | $44.28 | $33K |
| Holding | Stock Option | -- | -- | -- |
| Holding | Stock Option | -- | -- | -- |
| Holding | Stock Option | -- | -- | -- |
| Holding | Stock Option | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents performance-based restricted stock units granted in February 2023 that vested in February 2026 upon achievement of performance goals. The restricted stock units were settled by delivery of an equal number of shares of common stock.
FAQ
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What insider transactions did UBSI executive Ross M. Draber report?
What does the performance-based restricted stock unit footnote mean for UBSI?
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