United Bankshares (UBSI) COO records tax-withholding stock disposition, updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNITED BANKSHARES INC/WV Chief Operating Officer James J. Consagra Jr. reported a Form 4 transaction mainly related to taxes rather than an open‑market trade. On February 20, 2026, he disposed of 2,984 shares of Common Stock at $44.07 per share to cover tax withholding obligations. After this transaction, he directly owned 145,407 Common shares, and additional Common Stock was held indirectly through a 401(k) account. Several lines also update his Stock Option holdings, showing post‑transaction balances without specifying new option exercises or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
CONSAGRA JAMES J JR
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,984 | $44.07 | $132K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 145,407 shares (Direct);
Stock Option — 14,761 shares (Direct);
Common Stock — 11,610.683 shares (Indirect, By 401k)
Footnotes (1)
FAQ
What insider transaction did UBSI executive James J. Consagra Jr. report?
James J. Consagra Jr. reported a tax-related share disposition. On February 20, 2026, he disposed of 2,984 shares of United Bankshares common stock at $44.07 per share to satisfy tax withholding obligations, rather than conducting an open-market sale of shares.
What stock option information is included in this UBSI Form 4 filing?
The Form 4 lists several United Bankshares stock option positions for James J. Consagra Jr. For each grant, it reports the total options held after the reported date, such as 14,761, 7,381, 16,060, and 11,613 options, all shown as directly owned holdings.
Does the UBSI Form 4 show indirect ownership for James J. Consagra Jr.?
Yes. In addition to direct holdings, the Form 4 shows 11,610.683 shares of United Bankshares common stock held indirectly through a 401(k) plan, indicating retirement-plan ownership separate from his directly held common shares and stock option awards.