P. Clinton Winter - 02 Jan 2024 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role: Director
Signature: Shelli L. Adams
Issuer symbol: UBSI
Transactions as of: 02 Jan 2024
Net transactions value: +$16,643
Form type: 4
Filing time: 02 Jan 2024, 15:48:36 UTC
Previous filing: 13 Nov 2023
Next filing: 23 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	UBSI	Common Stock						453,420	02 Jan 2024	Direct
holding	UBSI	Common Stock						36,800	02 Jan 2024	Bray & Oakley Insurance
holding	UBSI	Common Stock						1,000	02 Jan 2024	By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	UBSI	Phantom Stock	Purchase	$16,643	+443	+1%	$37.57	44,914	02 Jan 2024	Common Stock	443		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	1 for 1
F2	Shares of phantom stock are payable in cash following the reporting persons termination of employment with UBSI.