Director at United Bankshares (UBSI) buys phantom stock units
Rhea-AI Filing Summary
UNITED BANKSHARES INC/WV director Clinton P. Winter increased his exposure using phantom stock. On October 8, 2025, he bought 536 units of phantom stock at $37.0949 per unit in an open‑market purchase, taking his phantom stock balance to 54,396 units.
The phantom stock is described as 1‑for‑1 with common stock and is payable in cash after his termination of employment. On the same date he also reported direct ownership of 457,070 shares of common stock and indirect holdings of 36,800 shares through Bray & Oakley Insurance and 1,000 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
WINTER P CLINTON
Role
Director
Bought
536 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Phantom Stock | 536 | $37.0949 | $20K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 54,396 shares (Direct);
Common Stock — 457,070 shares (Direct);
Common Stock — 36,800 shares (Indirect, Bray & Oakley Insurance);
Common Stock — 1,000 shares (Indirect, By Spouse)
Footnotes (2)
- F1. 1 for 1
- F2. Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did UBSI director Clinton P. Winter report?
Clinton P. Winter reported buying 536 units of phantom stock in United Bankshares on October 8, 2025, at $37.0949 per unit. This open‑market purchase increased his reported phantom stock balance to 54,396 units, according to the Form 4 filing.
What is the price and size of the phantom stock purchase at UBSI?
The Form 4 shows a purchase of 536 phantom stock units at $37.0949 each. This transaction reflects an open‑market acquisition by director Clinton P. Winter and updates his total phantom stock holdings to 54,396 units after the transaction.
How does phantom stock work in the UBSI Form 4 filing?
The phantom stock in the UBSI filing is described as 1‑for‑1 with common stock and payable in cash. Payment occurs after the reporting person’s termination of employment with United Bankshares, linking its value economically to the company’s common shares.
What common stock holdings does the UBSI director report after this transaction?
After the reported transaction date, Clinton P. Winter lists 457,070 shares of United Bankshares common stock held directly. He also reports 36,800 shares held indirectly through Bray & Oakley Insurance and 1,000 shares held indirectly by his spouse.
Does the UBSI Form 4 show any insider sales by Clinton P. Winter?
The summarized Form 4 data shows one open‑market purchase of phantom stock by director Clinton P. Winter and no reported sales. Additional lines in the filing update his direct and indirect common stock holdings without indicating buy or sell activity.
Who is the insider involved in the latest UBSI Form 4 transaction?
The insider is Clinton P. Winter, a director of United Bankshares Inc. The Form 4 attributes to him a purchase of 536 phantom stock units and reports substantial direct and indirect holdings of United Bankshares common stock as of October 8, 2025.