United Bankshares EVP reports tax share dispositions

UNITED BANKSHARES INC/WV Executive Vice President Michael Proctor reported tax-related share dispositions and updated his holdings.

Accepted by SEC EDGAR 02/25/2026 - 04:48 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

UNITED BANKSHARES INC/WV Executive Vice President Michael Proctor reported tax-related share dispositions and updated his holdings. On February 22 and 23, 2026, he disposed of 249 and 296 shares of common stock, respectively, as tax-withholding transactions at $44.28 per share. Following these dispositions, he directly owned 11,339.7914 common shares. The filing also notes direct holdings of several stock option positions and indirect ownership of common stock by 401k, reflecting additional beneficial interests separate from his direct holdings.

Insider Trade Summary

Exercise Price or Tax Liability: 545 shares

Exercise Price or Tax Liability 2 txns

Insider Proctor Michael

Role Executive Vice President

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	249	$44.28	$11K
Exercise Price or Tax Liability	Common Stock	296	$44.28	$13K
Holding	Stock Option	--	--	--
Holding	Stock Option	--	--	--
Holding	Stock Option	--	--	--
Holding	Stock Option	--	--	--
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 11,339.7914 shares (Direct); Stock Option — 6,406 contracts (Direct); Common Stock — 4,593.9466 shares (Indirect, By 401k)

Holdings Before and After: Common Stock, 11,884.7914 to 11,339.7914 shares (Direct)

FAQ

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

What did UBSI Executive Vice President Michael Proctor report on this Form 4?

Michael Proctor reported tax-withholding dispositions of United Bankshares common stock. He delivered 249 and 296 shares at $44.28 per share to cover tax obligations and then reported updated direct, option, and 401k-based indirect holdings in the company’s equity.

How many United Bankshares (UBSI) shares did Michael Proctor dispose of for taxes?

Michael Proctor disposed of 249 shares on one day and 296 shares on another. Both were coded as tax-withholding transactions at $44.28 per share, reflecting delivery of shares to satisfy tax liabilities rather than open-market sales.

What is Michael Proctor’s direct UBSI share ownership after these transactions?

After the reported tax-withholding dispositions, Proctor directly owned 11,339.7914 UBSI common shares. This figure reflects his remaining direct stake following the two tax-related share deliveries disclosed in the Form 4 filing.

Are Michael Proctor’s UBSI transactions open-market sales or tax-withholding events?

The reported UBSI transactions are tax-withholding events, not open-market sales. They use transaction code F, described as payment of an exercise price or tax liability by delivering securities, indicating administrative tax settlements rather than discretionary selling.

What indirect and option holdings does Michael Proctor report in UBSI stock?

Proctor reports indirect UBSI common stock ownership through a 401k plan and several stock option positions. The Form 4 lists 4,593.9466 common shares held by 401k and multiple stock option balances, indicating additional economic exposure beyond his directly held common stock.

How does this UBSI Form 4 affect Michael Proctor’s overall ownership profile?

The Form 4 modestly reduces his direct share count while confirming substantial remaining exposure. After small tax-withholding dispositions, he still holds over eleven thousand common shares directly, plus significant stock options and 401k-based indirect ownership in United Bankshares.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Proctor Michael

(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		296	D	$44.28	11,588.7914	D
Common Stock	02/23/2026	02/23/2026	F		249	D	$44.28	11,339.7914	D
Common Stock								4,593.9466	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$32.51							02/24/2020	02/24/2030	Common Stock	906		906	D
Stock Option	$37.6							02/26/2018	02/26/2028	Common Stock	2,000		2,000	D
Stock Option	$38.49							02/25/2019	02/25/2029	Common Stock	2,000		2,000	D
Stock Option	$45.3							02/27/2017	02/27/2027	Common Stock	1,500		1,500	D

Explanation of Responses:

	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.