STOCK TITAN

United Bankshares (UBSI) EVP gets 9,250-share award with tax withholding

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

Rhea-AI Filing Summary

UNITED BANKSHARES INC/WV Executive Vice President William Mark Tatterson reported equity compensation and related tax transactions in company stock. On February 23, 2026, he acquired 9,250 shares of common stock at $0.00 per share as a grant/award. A footnote explains this reflects performance-based restricted stock units granted in February 2023 that vested in February 2026 and were settled in an equal number of common shares.

On the same and prior day, he had tax-withholding dispositions of common stock to cover obligations, including 1,329 shares, 4,198 shares, and 1,887 shares at $44.28 per share. After these direct transactions, his reported direct common stock holdings were 95,873.9963 shares. As of February 22, 2026, he also reported indirect ownership of common stock, including 9,224.1173 shares held by a 401(k) and 89.5771 shares held by his wife.

Positive

  • None.

Negative

  • None.
Insider Tatterson William Mark
Role Executive Vice President
Type Security Shares Price Value
Grant/Award Common Stock 9,250 $0.00 --
Tax Withholding Common Stock 1,329 $44.28 $59K
Tax Withholding Common Stock 4,198 $44.28 $186K
Tax Withholding Common Stock 1,887 $44.28 $84K
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option - United -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 105,123.996 shares (Direct); Stock Option — 5,905 shares (Direct); Stock Option - United — 11,809 shares (Direct); Common Stock — 9,224.117 shares (Indirect, By 401k)
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*
Tatterson William Mark

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026
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 02/22/2026 02/22/2026 F 1,887 D $44.28 95,873.9963 D
Common Stock 02/23/2026 02/23/2026 A 9,250(1) A $0.0000 105,123.9963 D
Common Stock 02/23/2026 02/23/2026 F 1,329 D $44.28 103,794.9963 D
Common Stock 02/23/2026 02/23/2026 F 4,198 D $44.28 99,596.9963 D
Common Stock 9,224.1173 I By 401k
Common Stock 89.5771 I By Wife
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
Stock Option $32.51 02/24/2021 02/24/2030 Common Stock 5,905 5,905 D
Stock Option $37.6 02/26/2018 02/26/2028 Common Stock 12,453 12,453 D
Stock Option $38.49 02/25/2019 02/25/2029 Common Stock 9,290 9,290 D
Stock Option $45.3 02/27/2017 02/27/2027 Common Stock 12,453 12,453 D
Stock Option - United $32.51 02/24/2020 02/24/2030 Common Stock 11,809 11,809 D
Explanation of Responses:
1. 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.
Shelli L. Adams 02/25/2026
** 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 UBSI executive William Mark Tatterson report?

William Mark Tatterson reported an equity award and related tax transactions. He acquired 9,250 shares of UNITED BANKSHARES INC/WV common stock through a grant that settled performance-based restricted stock units vested in February 2026.

How many UNITED BANKSHARES (UBSI) shares did the EVP acquire in the Form 4?

He acquired 9,250 shares of UNITED BANKSHARES INC/WV common stock. The filing states these shares came from performance-based restricted stock units granted in February 2023 that vested in February 2026 and were settled in common stock.

Were any of William Mark Tatterson’s UBSI transactions open-market sales?

The reported dispositions were for tax withholding rather than open-market sales. The Form 4 lists transaction code F entries at $44.28 per share, described as payment of tax liability by delivering securities, not discretionary selling.

What is William Mark Tatterson’s direct UBSI shareholding after these transactions?

After the reported transactions, his direct holding is 95,873.9963 UBSI common shares. This figure reflects the award of 9,250 shares and subsequent tax-withholding dispositions reported for February 22 and February 23, 2026.

What do the performance-based restricted stock units mean for UBSI’s EVP?

They represent compensation tied to performance goals set in 2023. The filing notes these restricted stock units vested in February 2026 after achieving performance goals and were settled by delivering an equal number of common shares to the executive.

Does the UBSI Form 4 show any indirect holdings for the EVP?

Yes. As of February 22, 2026, he reported 9,224.1173 UBSI common shares held indirectly through a 401(k) and 89.5771 shares held indirectly through his wife, in addition to his direct holdings.