Winter P. Clinton has reported changes in stock ownership through a recent filing. This update is significant as it provides insight into the ownership structure and compensation practices at United Bankshares Inc., a key player in the banking sector.

Background

Winter P. Clinton is associated with United Bankshares Inc. (UBSI), which operates under the SIC classification of state commercial banks. The company is incorporated in West Virginia and has been active in the financial services sector.

What the Filing Says

The filing, dated November 3, 2026, indicates that Clinton has acquired 50 shares of phantom stock, valued at $49.46 per share. Following this transaction, Clinton now holds a total of 59,827 shares of common stock directly. Additionally, Clinton has indirect ownership of 36,800 shares through Bray & Oakley Insurance and 1,000 shares via a spouse.

Impact

This update may affect stakeholders within United Bankshares Inc., including shareholders and employees, as it reflects the company's approach to executive compensation and stock management. The changes in ownership stakes could also influence the company's governance and strategic decisions.

What's Next

The filing does not say what happens next.

Details of the Transaction

The transaction involved the acquisition of 50 shares of phantom stock on November 2, 2026, at a price of $49.46 per share. Following this acquisition, Winter P. Clinton's total direct ownership of common stock increased to 59,827 shares. The filing indicates that Clinton's total holdings now include 458,658 shares of common stock, reflecting both direct and indirect ownership.

Ownership Breakdown

In addition to the 59,827 shares directly owned, Clinton has indirect ownership of 36,800 shares through Bray & Oakley Insurance and 1,000 shares owned by a spouse. This structure highlights the significant influence and stake Clinton has in United Bankshares Inc.

Regulatory Context

This filing was made under Form 4, which is required for reporting changes in ownership of a company's stock by its insiders. The filing is part of the regulatory framework established under the Securities Exchange Act of 1934, aimed at ensuring transparency in the trading activities of corporate insiders.

Future Considerations

The filing does not provide specific details regarding future plans or implications for the company or its stock, leaving stakeholders to interpret the potential impact of these ownership changes on United Bankshares Inc.'s governance and operational strategies.