Tax-withholding reduces UNITED BANKSHARES (UBSI) EVP Julie Gurtis stake
Rhea-AI Filing Summary
UNITED BANKSHARES INC/WV Executive Vice President Julie R. Gurtis reported two Form 4 transactions where common shares were withheld to cover tax obligations. On February 22 and 23, a total of 1,894 shares of common stock were disposed of in tax-withholding transactions at $44.28 per share. After these transactions, she directly owned 28,703 shares of UNITED BANKSHARES common stock, with additional indirect holdings reported through a 401(k) plan and spouse-related accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,894 shares
Net Sell
9 txns
Insider
Gurtis Julie R
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 898 | $44.28 | $40K |
| Exercise Price or Tax Liability | Common Stock | 996 | $44.28 | $44K |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,703 shares (Direct);
Stock Option — 11,053 shares (Direct);
Common Stock — 13,733.292 shares (Indirect, By 401k);
Common Stock — 900 shares (Indirect, By Spouse as POA for Family Member);
Common Stock — 1,364 shares (Indirect, By Spouse IRA)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did UBSI report for Julie R. Gurtis?
UNITED BANKSHARES reported that Executive Vice President Julie R. Gurtis had shares withheld to cover tax obligations. Two Form 4 transactions show a combined disposition of 1,894 common shares at $44.28 per share through tax-withholding, not open-market selling.