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United Bankshares executive Matthew L. Humphrey resigns

The executive vice president also reported five direct stock-option positions with different exercise prices and expiration dates.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

United Bankshares Inc. (UBSI) reports that Executive Vice President Matthew L. Humphrey held 24,114 shares directly and 4,588 shares through the UBSI 401(k) plan as of October 28, 2026. The report also lists five directly held stock-option positions. A footnote states that 13,571 unvested restricted stock awards were forfeited back to the issuer in connection with Humphrey’s resignation from employment.

Insider Humphrey Matthew L
Role Executive Vice President
Type Security Shares Price Value
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Common Stock F1 -- -- --
holding Common Stock F2 -- -- --
Holdings After Transaction: Stock Option — 17,229 contracts (Direct); Common Stock — 24,114.4529 shares (Direct); Common Stock — 4,588.0647 shares (Indirect, By 401k)
Footnotes (2)
  1. F1. 13,571 unvested restricted stock awards were forfeited back to the issuer in connectiion with the reporting person's resignation from employment with the issuer. Three grants of restricted stock awards were reported as common stock on Form 4s filed on February 22, 2024, February 20, 2025 and February 19, 2026. The forfeiture of the unvested restricted stock awards is reflected as a reduction to the number of shares of common stock reported in column 5.
  2. F2. Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.
Unvested restricted stock awards forfeited 13,571 shares Forfeited back to the issuer in connection with the reporting person's resignation from employment.
Direct common-stock holdings 24,114 shares Reported as of October 28, 2026.
Common-stock holdings through 401(k) plan 4,588 shares Reported as of October 28, 2026.
Stock-option exercise price $32.5100 per share Covers 4,416 underlying common shares; expires February 24, 2030.
Stock-option exercise price $36.1000 per share Covers 1,800 underlying common shares; expires November 2, 2027.
Stock-option exercise price $37.6000 per share Covers 3,200 underlying common shares; expires February 26, 2028.
Stock-option exercise price $38.4900 per share Covers 4,613 underlying common shares; expires February 25, 2029.
Stock-option exercise price $45.3000 per share Covers 3,200 underlying common shares; expires February 27, 2027.
restricted stock awards financial
"unvested restricted stock awards were forfeited back to the issuer"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
401K plan financial
"shares acquired under the UBSI 401K plan"
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
forfeiture financial
"The forfeiture of the unvested restricted stock awards"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many UBSI shares did Matthew L. Humphrey report?

Matthew L. Humphrey reported 24,114 common shares directly and 4,588 common shares through the UBSI 401(k) plan as of October 28, 2026.

How many UBSI restricted stock awards did Matthew L. Humphrey forfeit?

Matthew L. Humphrey forfeited 13,571 unvested restricted stock awards back to United Bankshares Inc. in connection with his resignation from employment with the issuer.

What stock options did Matthew L. Humphrey report for UBSI?

The five direct positions covered 4,416 underlying common shares at $32.5100 per share, expiring February 24, 2030; 1,800 at $36.1000, expiring November 2, 2027; 3,200 at $37.6000, expiring February 26, 2028; 4,613 at $38.4900, expiring February 25, 2029; and 3,200 at $45.3000, expiring February 27, 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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
X
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*
Humphrey Matthew L

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

(Street)
PARKERSBURG WEST VIRGINIA 26101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UNITED BANKSHARES INC/WV [ UBSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock24,114.4529(1)D
Common Stock4,588.0647(2)IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option$32.5102/24/202002/24/2030Common Stock4,4164,416D
Stock Option$36.111/02/201711/02/2027Common Stock1,8001,800D
Stock Option$37.602/26/201802/26/2028Common Stock3,2003,200D
Stock Option$38.4902/25/201902/25/2029Common Stock4,6134,613D
Stock Option$45.302/27/201702/27/2027Common Stock3,2003,200D
Explanation of Responses:
1. 13,571 unvested restricted stock awards were forfeited back to the issuer in connectiion with the reporting person's resignation from employment with the issuer. Three grants of restricted stock awards were reported as common stock on Form 4s filed on February 22, 2024, February 20, 2025 and February 19, 2026. The forfeiture of the unvested restricted stock awards is reflected as a reduction to the number of shares of common stock reported in column 5.
2. Includes additional shares acquired under the UBSI 401K plan since the date of the reporting person's last 401K ownership report.
Shelli L. Adams10/29/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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