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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 572 shares
Net Sell
8 txns
Insider
Schultheis Anna J
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 218 | $44.28 | $10K |
| Exercise Price or Tax Liability | Common Stock | 354 | $44.28 | $16K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,649.5687 shares (Direct);
Stock Option — 6,043 shares (Direct);
Common Stock — 13,199.9533 shares (Indirect, By 401k);
Common Stock — 1,228.951 shares (Indirect, Indirect by Spouse)
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.
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.