United Bankshares (UBSI) director gets 1,588-share stock grant
Rhea-AI Filing Summary
UNITED BANKSHARES INC/WV director Mary K. Weddle reported an acquisition of company common stock through an equity award. She received 1,588 shares of restricted stock on February 19, 2026, at no cash purchase price. The award will vest in three equal annual installments, meaning one-third of the shares become available each year over a three-year period.
After this grant, Weddle directly holds 22,882.7021 shares of United Bankshares common stock. She also has an additional 2,300 shares held indirectly through a 401(k) plan. This filing reflects compensation-related stock awards rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,588 shares
Net Buy
2 txns
Insider
Weddle Mary K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,588 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,882.7021 shares (Direct);
Common Stock — 2,300 shares (Indirect, By 401k)
Footnotes (1)
- F1. Shares were acquired pursuant to a grant of restricted stock. The award vests in three equal annual installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did UBSI director Mary K. Weddle report?
Mary K. Weddle reported receiving a grant of 1,588 shares of United Bankshares common stock. The shares are restricted stock awarded as compensation and will vest over time, rather than shares bought on the open market for cash.
How does the restricted stock grant to Mary K. Weddle vest at UBSI?
The 1,588-share restricted stock award vests in three equal annual installments. Each year, one-third of the shares becomes fully vested, aligning Weddle’s compensation with longer-term service and performance at United Bankshares over a three-year period.
Was Mary K. Weddle’s UBSI transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was a grant of 1,588 restricted shares awarded at no cash price, reported with code A, which indicates a grant, award, or other acquisition rather than trading in the open market.
What does the Form 4 footnote reveal about the UBSI stock grant?
The footnote explains that the shares were acquired pursuant to a grant of restricted stock. It clarifies that the award vests in three equal annual installments, confirming this is a time-based compensation award instead of a discretionary stock purchase.