UNITED BANKSHARES INCWV
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 9, 2024
UBSI$48.80+1.2%Stored close · as of Nov 9, 2026
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Item 5. Other Information
| (a) | None. |
| (b) | No changes were made to the procedures by which security holders may recommend nominees to United’s Board of Directors. |
| (c) | United’s directors and executive officers may from time to time enter into plans or other arrangements for the purchase or sale of United’s shares that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or may represent a non-Rule 10b5-1 trading arrangement under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). On June 24, 2024, Peter A. Converse, a member of United’s Board of Directors, adopted a Rule 10b5-1 trading plan. Mr. Converse’s trading plan covers the potential sale of up to 5,000 shares of United’s common stock, and will terminate on December 31, 2025, or an earlier date under certain circumstances specified under the terms of the trading plan, including the completion of all sales of shares covered by the plan. This trading plan complied with the requirements of Rule 10b5-1(c) under the Exchange Act when adopted (the “Rule”) and United’s Insider Trading Policy, was entered into during an open insider trading window, and only permitted transactions upon expiration of the applicable mandatory cooling-off period under the Rule. During the quarter ended June 30, 2024, no other director or executive officer of United adopted, modified or terminated any “Rule 10b5-1 trading arrangement” or any “non-Rule 10b5-1 trading arrangement”, as each term is defined in Rule 408(e) of Regulation S-K. |
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