Director Diana Lewis Jackson granted 1,588 UBSI shares in stock award
Rhea-AI Filing Summary
Jackson Diana Lewis reported acquisition or exercise transactions in this Form 4 filing.
UNITED BANKSHARES INC/WV director Diana Lewis Jackson received a stock award of 1,588 common shares. The shares were granted at no cash cost as restricted stock and will vest in three equal annual installments. After this grant, she directly owns 13,787 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,588 shares
Net Buy
1 txn
Insider
Jackson Diana Lewis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,588 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 13,787 shares (Direct)
Footnotes (1)
- F1. Shares were acquired pursuant to a grant of restricted stock. The award vests in three equal annual installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did UBSI director Diana Lewis Jackson report?
Diana Lewis Jackson reported receiving a grant of 1,588 shares of UNITED BANKSHARES INC/WV common stock. The award is in the form of restricted stock and was recorded as an acquisition, increasing her directly held ownership to 13,787 shares after the grant.
Was the UBSI insider stock award to Diana Lewis Jackson a cash purchase?
No, the award to Diana Lewis Jackson was not a cash purchase. It was a grant of restricted common stock at a reported price per share of $0.0000, reflecting a compensation grant rather than an open-market buy transaction by the director.
What is the vesting schedule for Diana Lewis Jackson’s UBSI restricted stock award?
The restricted stock award to Diana Lewis Jackson vests in three equal annual installments. This means the 1,588 granted shares will become fully vested over three years, with approximately one-third of the award vesting each year, subject to the award’s continued-service conditions.
Is the UBSI restricted stock grant to Diana Lewis Jackson held directly or indirectly?
The restricted stock grant is reported as directly owned by Diana Lewis Jackson. The filing lists the ownership type as direct, and there is no footnote indicating that the shares are held through a trust, LLC, or other related entity on her behalf.