Winter P. Clinton's Ownership Update in United Bankshares Inc.

On August 6, 2025, Winter P. Clinton, a director of United Bankshares Inc. (UBSI), reported changes in his ownership of the company's securities. Clinton acquired 278 shares of phantom stock, which are payable in cash upon termination of employment, at a price of $35.7692 per share. Following this transaction, Clinton directly owns 53,198 shares of phantom stock. Additionally, Clinton holds 457,070 shares of common stock directly, 36,800 shares indirectly through Bray & Oakley Insurance, and 1,000 shares indirectly through his spouse. The phantom stock is convertible to common stock on a 1-for-1 basis.