Peter A. Converse - Nov 6, 2024 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role
Director
Signature
Shelli L. Adams
Stock symbol
UBSI
Transactions as of
Nov 6, 2024
Transactions value $
-$200,000
Form type
4
Date filed
11/7/2024, 04:30 PM
Previous filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBSI Common Stock Sale -$200K -5K -1.14% $40.00 435K Nov 6, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The reported sale of 5,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 24, 2024.