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United Bankshares (UBSI) director awarded 1,588 restricted shares

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

Rhea-AI Filing Summary

CONVERSE PETER A reported acquisition or exercise transactions in this Form 4 filing.

United Bankshares, Inc. director Peter A. Converse reported receiving a grant of 1,588 shares of common stock as restricted stock. According to the disclosure, the award vests in three equal annual installments. Following this grant, he holds a total of 438,261 common shares directly.

Positive

  • None.

Negative

  • None.
Insider CONVERSE PETER A
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 1,588 $0.00 --
Holdings After Transaction: Common Stock — 438,261 shares (Direct)
Footnotes (1)
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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*
CONVERSE PETER A

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 02/19/2026 02/19/2026 A 1,588(1) A $0.0000 438,261 D
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
Explanation of Responses:
1. Shares were acquired pursuant to a grant of restricted stock. The award vests in three equal annual installments.
Shelli L. Adams 02/20/2026
** 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 transaction did United Bankshares (UBSI) report for Peter A. Converse?

United Bankshares reported that director Peter A. Converse received a grant of 1,588 shares of common stock as restricted stock. This is a non-cash equity award rather than an open-market purchase or sale of shares.

How many United Bankshares (UBSI) shares does Peter A. Converse own after the latest grant?

After the latest restricted stock grant, Peter A. Converse directly owns 438,261 shares of United Bankshares common stock. This total reflects the newly awarded 1,588 restricted shares added to his previously held direct holdings.

What type of United Bankshares (UBSI) security was granted to Peter A. Converse?

The transaction involves United Bankshares common stock granted as restricted stock. These shares are subject to vesting conditions and are reported as a non-derivative equity award to director Peter A. Converse under a grant or award transaction code.

How does the restricted stock granted to Peter A. Converse vest at United Bankshares (UBSI)?

The restricted stock award to Peter A. Converse vests in three equal annual installments. This means the 1,588 granted shares become fully owned over three years, with one-third of the award vesting each year, as described in the footnote.

Was cash paid for the United Bankshares (UBSI) shares granted to Peter A. Converse?

The reported transaction price per share is listed as 0.0000, indicating no cash was paid for the 1,588 shares. They were acquired pursuant to an equity grant of restricted stock rather than a market purchase for cash consideration.

Is Peter A. Converse considered an insider at United Bankshares (UBSI)?

Yes. Peter A. Converse is identified in the disclosure as a director of United Bankshares. Directors are considered insiders and must report their equity transactions in the company’s securities on Form 4 under applicable securities regulations.
United Bankshares Inc West Va

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