P. Clinton Winter - 01 Apr 2025 Form 4 Insider Report for UNITED BANKSHARES INC/WV (UBSI)

Role: Director
Signature: Shelli L. Adams
Issuer symbol: UBSI
Transactions as of: 01 Apr 2025
Net transactions value: +$18,890
Form type: 4
Filing time: 01 Apr 2025, 12:09:34 UTC
Previous filing: 26 Feb 2025
Next filing: 05 May 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	UBSI	Common Stock						457,070	01 Apr 2025	Direct
holding	UBSI	Common Stock						36,800	01 Apr 2025	Bray & Oakley Insurance
holding	UBSI	Common Stock						1,000	01 Apr 2025	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	$18,890	+548	+1.1%	$34.47	51,656	01 Apr 2025	Common Stock	548		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.