United Bankshares Director Sells Shares for $148,544
Mark R. Nesselroad, a director at United Bankshares (NASDAQ: UBSI), sold 3,200 shares of the company's common stock on September 1, 2026, in an indirect transaction valued at $148,544 based on a weighted average sale price of $46.42 per share. Following this transaction, Nesselroad holds 16,621 shares directly and 50,582 indirectly, with total beneficial ownership amounting to 67,203 shares or approximately 0.04% stake in the company. The remaining indirect holdings are split between a spouse holding 32,224 shares and a corporation holding 18,358. The stock has delivered strong performance over the past year with a total return of about 21%, outperforming broader market indices like the S&P 500. United Bankshares reported TTM revenue of $1.2 billion and net income of $514.2 million, reflecting robust financial health.
Tickers: $UBSI