United Bankshares director buys phantom stock
WINTER P CLINTON reported reported purchase transactions in this Form 4 filing.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
WINTER P CLINTON reported reported purchase transactions in this Form 4 filing.
United Bankshares Inc. director Winter P. Clinton acquired 158.0000 units of Phantom Stock tied 1-for-1 to common stock on July 30, 2026 at $48.5600 per unit. This phantom stock is payable in cash after termination of employment. Following the transaction he holds 58,627 phantom units, 458,658 common shares directly, 36,800 shares indirectly through Bray & Oakley Insurance, and 1,000 shares indirectly through a spouse.
Insider Trade Summary
Net Buyer: 158 shares
Net Buy
1 txn
Insider
WINTER P CLINTON
Role
Director
Bought
158 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Phantom Stock F1, F2 | 158 | $48.56 | $8K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 58,627 contracts (Direct);
Common Stock — 458,658 shares (Direct);
Common Stock — 36,800 shares (Indirect, Bray & Oakley Insurance);
Common Stock — 1,000 shares (Indirect, By Spouse)
Holdings Before and After:
Phantom Stock, 58,469 to 58,627 contracts (Direct)
Footnotes (2)
- F1. 1 for 1
- F2. Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.
Key Figures
Phantom stock units purchased: 158.0000 units
Purchase price per phantom unit: $48.5600 per unit
Phantom stock holdings after transaction: 58627.0000 units
+3 more
6 metrics
Phantom stock units purchased
158.0000 units
Phantom Stock transaction on 2026-07-30
Purchase price per phantom unit
$48.5600 per unit
Price reported for Phantom Stock acquisition
Phantom stock holdings after transaction
58627.0000 units
Total Phantom Stock units following reported purchase
Direct common stock holdings
458658.0000 shares
Direct UBSI common shares held after 2026-07-30
Indirect common stock via Bray & Oakley Insurance
36800.0000 shares
Indirect UBSI common shares held through Bray & Oakley Insurance
Indirect common stock by spouse
1000.0000 shares
Indirect UBSI common shares held by spouse
Key Terms
Phantom Stock, Common Stock, Bray & Oakley Insurance
3 terms
Phantom Stock financial
"Shares of phantom stock are payable in cash following the reporting persons"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Common Stock financial
"underlying security title: Common Stock for the Phantom Stock units"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Bray & Oakley Insurance financial
"nature_of_ownership: Bray & Oakley Insurance for indirect holdings"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Winter P. Clinton report for UBSI in this Form 4?
Winter P. Clinton reported acquiring 158.0000 units of Phantom Stock tied 1-for-1 to United Bankshares common stock at $48.5600 per unit on July 30, 2026, increasing his economic exposure to the company through cash-settled phantom stock.
How many UBSI phantom stock units does Winter P. Clinton now hold?
After the reported transaction, Winter P. Clinton holds 58,627 units of Phantom Stock linked to United Bankshares common stock. These phantom shares are payable in cash following the reporting person’s termination of employment with UBSI.
What are Winter P. Clinton’s direct UBSI common stock holdings after this filing?
Following the reported activity, Winter P. Clinton directly holds 458,658.0000 shares of United Bankshares common stock. This position is reported as direct ownership on the Form 4 and is separate from his phantom stock units.
What indirect UBSI common stock holdings are reported for Winter P. Clinton?
The Form 4 shows 36,800.0000 shares held indirectly through Bray & Oakley Insurance and 1,000.0000 shares held indirectly by spouse. These positions are coded as indirect ownership interests related to Winter P. Clinton.
How is the UBSI phantom stock award structured for Winter P. Clinton?
Each unit of Phantom Stock is exchangeable 1-for-1 with United Bankshares common stock for value and is payable in cash after the reporting person’s termination of employment with UBSI, rather than settling in actual company shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
