DRABER ROSS M (Executive Vice President) 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

DRABER ROSS M

Filed: 12/12/2025ACC: 0001225208-25-009900

InsiderDRABER ROSS MCIK 1929576

→

IssuerUNITED BANKSHARES INC/WVCIK 729986

Officer· Executive Vice President

Since May 2022

-1.88K

Net shares

Net seller

$74.2K

Total sold

Open market trades

0B · 0S

Total transactions

2K acquired · 3.88K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+2K

Price / share

$35.04

Trade value

$70.08K

% of position

8.8%

12/11/2025

22.79K→24.79K

Common Stock

Direct

F · Tax Withholding

−1.88K

Price / share

$39.53

Trade value

$74.16K

% of position

7.6%

12/11/2025

24.79K→22.91K

Total

Net shares

+124.00

Net value

-$4.08K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/11/2025	M · Option Exercise	+2K	$35.04	$70.08K	8.8%	22.79K	24.79K
Common Stock Direct	12/11/2025	F · Tax Withholding	−1.88K	$39.53	$74.16K	7.6%	24.79K	22.91K
Total			+124.00		-$4.08K

Derivative Transactions1

Stock Option

Direct

M · Option Exercise

Converts to

Common Stock

2K shares

−2K

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 Stock2K shares	12/11/2025	M · Option Exercise	−2K	35.0400	—	0.00

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned5.41K

Total

5.41K indirect5.41K

Security Title	Shares Owned	Ownership Type
Common Stock	5.41K	Indirect
Total	5.41K	5.41K indirect

Derivative Holdings (Post-Transaction)4

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

1.45K

Shares owned

1.45K

Exercise price

32.5100

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

2.50K

Shares owned

2.50K

Exercise price

45.3000

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

3.20K

Shares owned

3.20K

Exercise price

38.4900

Expiration

—

Exercise window

—

Stock Option

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

37.6000

Expiration

—

Exercise window

—

Total

Underlying

10.15K

Owned

10.15K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Option Direct	Common Stock	32.5100	—	—	1.45K	1.45K
Stock Option Direct	Common Stock	45.3000	—	—	2.50K	2.50K
Stock Option Direct	Common Stock	38.4900	—	—	3.20K	3.20K
Stock Option Direct	Common Stock	37.6000	—	—	3K	3K
Total					10.15K	10.15K