UBSI (UBSI) EVP uses 572 shares of stock for tax withholding

Rhea-AI Filing Summary

UNITED BANKSHARES INC/WV executive Anna J. Schultheis reported tax-related share dispositions of company stock. On February 22 and 23, she had a total of 572 shares of Common Stock withheld or delivered at $44.28 per share to cover tax obligations, a type of non‑market transaction.

After these dispositions, she directly owned 11,649.5687 shares of Common Stock. She also reported direct holdings of various Stock Options, plus indirect Common Stock holdings of 13,199.9533 shares in a 401(k) and 1,228.9510 shares indirectly through her spouse.

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

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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^*

Schultheis Anna J

(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		354	D	$44.28	11,867.5687	D
Common Stock	02/23/2026	02/23/2026	F		218	D	$44.28	11,649.5687	D
Common Stock								13,199.9533	I	By 401k
Common Stock								1,228.951	I	Indirect 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	793		793	D
Stock Option	$37.6							02/26/2018	02/26/2028	Common Stock	1,750		1,750	D
Stock Option	$38.49							02/25/2019	02/25/2029	Common Stock	1,750		1,750	D
Stock Option	$45.3							02/27/2017	02/27/2027	Common Stock	1,750		1,750	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.

FAQ

What insider transactions did UBSI executive Anna J. Schultheis report?

Anna J. Schultheis reported tax-related dispositions of UBSI Common Stock. On February 22 and 23, a total of 572 shares were withheld or delivered at $44.28 per share to satisfy tax obligations, rather than sold in open-market transactions.

How many UBSI shares were used for Anna J. Schultheis’s tax-withholding?

A total of 572 UBSI Common Stock shares were used for tax-withholding. The Form 4 shows 354 shares on February 22 and 218 shares on February 23, both at $44.28 per share, classified as payment of tax liability using shares.

What is Anna J. Schultheis’s direct UBSI stock ownership after these transactions?

After the tax-withholding dispositions, Anna J. Schultheis directly owned 11,649.5687 shares of UBSI Common Stock. This figure reflects her remaining direct holdings following the non-derivative transactions reported in the Form 4 filing for February 22 and 23.

Does Anna J. Schultheis hold UBSI stock options according to this Form 4?

Yes, the Form 4 lists several UBSI Stock Option holdings for Anna J. Schultheis. These option entries are reported as holdings with updated post-transaction amounts, such as 793 and 1,750 options, without new exercises or sales indicated in the provided transaction details.

What indirect UBSI share holdings are reported for Anna J. Schultheis?

The filing reports indirect UBSI Common Stock holdings for Anna J. Schultheis. These include 13,199.9533 shares held by a 401(k) account and 1,228.9510 shares held indirectly through her spouse, in addition to her directly owned common shares and stock options.

Were the UBSI insider transactions open-market buys or sells?

The reported UBSI insider transactions were tax-withholding dispositions, not open-market trades. Code F indicates shares were delivered at $44.28 per share to pay tax liabilities associated with equity awards, rather than being freely bought or sold on the market.