Proctor Michael, an insider at United Bankshares Inc (UBSI), has acquired 11,588 shares of the company at a price of $35.04 per share, resulting in a total transaction value of $406,000. This purchase occurred on December 10, 2025.
Following this transaction, Michael holds a total of 11,588 shares in United Bankshares. The company, headquartered in Charleston, West Virginia, operates as a bank holding company, providing a range of commercial and retail banking services. It employs 2,553 full-time staff and maintains a network of over 240 locations across several states, including Georgia, South Carolina, and Virginia.
As of November 25, 2025, United Bankshares boasts a market capitalisation of $5.2 billion, with a price-to-earnings ratio of 12.15 and earnings per share of 3.06. The firm offers a dividend yield of 409.5% and is set to announce its upcoming earnings on July 22, 2026, with an estimated EPS of $0.85 and revenue of $322.6 million.
Insider transactions, such as this purchase, are reported to the SEC and contribute to the transparency of executive actions. While insider buying may suggest confidence in the company's future, it is advisable for investors to consider such activity alongside broader market factors and patterns of insider behaviour over time.