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United Bankshares (UBSI) EVP gets 3,752-share award, with tax withholdings

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

Rhea-AI Filing Summary

UNITED BANKSHARES INC/WV Executive Vice-President Ernest Douglas Bryan reported equity award activity in company stock. On February 23, 2026, he acquired 3,752 shares of common stock at $0.00 per share through a grant/award. A footnote explains these shares came from performance-based restricted stock units granted in February 2023 that vested in February 2026 after meeting performance goals and were settled in an equal number of common shares.

Also on February 22–23, 2026, he had several tax-withholding dispositions of common stock coded “F,” covering 540 shares, 1,835 shares, and 748 shares at $44.28 per share to satisfy tax obligations. After these transactions, his directly held common stock balance reported in the excerpt includes 51,636.6137 shares.

Positive

  • None.

Negative

  • None.
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*
Ernest Douglas Bryan

(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 748 D $44.28 50,259.6137 D
Common Stock 02/23/2026 02/23/2026 A 3,752(1) A $0.0000 54,011.6137 D
Common Stock 02/23/2026 02/23/2026 F 540 D $44.28 53,471.6137 D
Common Stock 02/23/2026 02/23/2026 F 1,835 D $44.28 51,636.6137 D
Common Stock 8,181.3086 I By 401k
Common Stock 79 I By Spouse
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 7,295 7,295 D
Stock Option $32.51 02/24/2021 02/24/2030 Common Stock 3,647 3,647 D
Stock Option $37.6 02/26/2018 02/26/2028 Common Stock 7,676 7,676 D
Stock Option $38.49 02/25/2019 02/25/2029 Common Stock 5,455 5,455 D
Stock Option $45.3 02/27/2017 02/27/2027 Common Stock 7,676 7,676 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 did UBSI executive Ernest Douglas Bryan report in this Form 4?

Ernest Douglas Bryan reported a stock award and related tax-withholding transactions in UNITED BANKSHARES INC/WV common stock. He received 3,752 shares from vested performance-based restricted stock units and had several tax-withholding dispositions at $44.28 per share.

How many UNITED BANKSHARES (UBSI) shares did Bryan acquire in the award?

Bryan acquired 3,752 shares of UNITED BANKSHARES common stock through a grant/award. A footnote states these shares came from performance-based restricted stock units granted in February 2023 that vested in February 2026 once performance goals were achieved.

What are the Form 4 tax-withholding transactions for UBSI shares?

The Form 4 shows tax-withholding dispositions coded “F” for 540 shares, 1,835 shares, and 748 shares of UNITED BANKSHARES common stock. These shares were delivered at $44.28 per share to cover exercise price or tax liabilities related to the equity award.

What does the footnote on Bryan’s UBSI restricted stock units explain?

The footnote explains that performance-based restricted stock units granted to Bryan in February 2023 vested in February 2026 after achieving performance goals. Those units were then settled by delivering an equal number of UNITED BANKSHARES common shares.

How many UNITED BANKSHARES shares does Bryan hold directly after these transactions?

After the reported transactions, the excerpt shows Bryan directly holding 51,636.6137 UNITED BANKSHARES common shares. This figure reflects the award of 3,752 shares and subsequent tax-withholding dispositions reported for February 22 and 23, 2026.

Does the Form 4 include any indirect UBSI holdings for Bryan?

Yes. The excerpt lists indirect holdings of UNITED BANKSHARES common stock, including 8,181.3086 shares held by a 401(k) and 79 shares held by a spouse. These positions are categorized as indirect ownership separate from Bryan’s directly held shares.
United Bankshares Inc West Va

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