CONSAGRA JAMES J JR (Chief Operating Officer) exercised options at UNITED BANKSHARES INC/WV

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

CONSAGRA JAMES J JR

Filed: 12/12/2025ACC: 0001225208-25-009902

InsiderCONSAGRA JAMES J JRCIK 1190515

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IssuerUNITED BANKSHARES INC/WVCIK 729986

Officer· Chief Operating Officer

Since Feb 2026

-10.41K

Net shares

Net seller

$411.5K

Total sold

Open market trades

0B · 0S

Total transactions

11.10K acquired · 21.51K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+11.10K

Price / share

$35.04

Trade value

$388.94K

% of position

8.5%

12/11/2025

130.55K→141.65K

Common Stock

Direct

F · Tax Withholding

−10.41K

Price / share

$39.53

Trade value

$411.55K

% of position

7.3%

12/11/2025

141.65K→131.24K

Total

Net shares

+689.00

Net value

-$22.60K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/11/2025	M · Option Exercise	+11.10K	$35.04	$388.94K	8.5%	130.55K	141.65K
Common Stock Direct	12/11/2025	F · Tax Withholding	−10.41K	$39.53	$411.55K	7.3%	141.65K	131.24K
Total			+689.00		-$22.60K

Derivative Transactions1

Stock Option

Direct

M · Option Exercise

Converts to

Common Stock

11.10K shares

−11.10K

Strike price

35.0400

Held after

0.00

Exercisable

—

12/11/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option Direct	Common Stock11.10K shares	12/11/2025	M · Option Exercise	−11.10K	35.0400	—	0.00

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned11.31K

Total

11.31K indirect11.31K

Security Title	Shares Owned	Ownership Type
Common Stock	11.31K	Indirect
Total	11.31K	11.31K indirect

Derivative Holdings (Post-Transaction)5

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

7.38K

Shares owned

7.38K

Exercise price

32.5100

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

14.76K

Shares owned

14.76K

Exercise price

32.5100

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

11.61K

Shares owned

11.61K

Exercise price

38.4900

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

16.06K

Shares owned

16.06K

Exercise price

37.6000

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

16.06K

Shares owned

16.06K

Exercise price

45.3000

Expiration

—

Exercise window

—

Total

Underlying

65.88K

Owned

65.88K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Option Direct	Common Stock	32.5100	—	—	7.38K	7.38K
Stock Option Direct	Common Stock	32.5100	—	—	14.76K	14.76K
Stock Option Direct	Common Stock	38.4900	—	—	11.61K	11.61K
Stock Option Direct	Common Stock	37.6000	—	—	16.06K	16.06K
Stock Option Direct	Common Stock	45.3000	—	—	16.06K	16.06K
Total					65.88K	65.88K