4 unchanged sentences
United offers its shareholders the opportunity to invest dividends in shares of United stock through its dividend reinvestment plan.
−Removed: United has also established stock option plans and a stock bonus plan as incentive for certain eligible officers.
−Removed: In addition to the above incentive plans, United is occasionally involved in certain mergers in which additional shares could be issued and recognizes that additional shares could be issued for other appropriate purposes.
−Removed: In October of 2019, United’s Board of Directors approved a stock repurchase plan (the “2019 Plan”) to repurchase up to 4,000,000 shares of the Company’s common stock on the open market at prevailing prices.
−Removed: United repurchased 2,846,989 shares under this plan.
−Removed: On May 11, 2022, the Board of Directors approved a new repurchase plan (the “2022 Plan”) to repurchase up to 4,750,000 shares of United’s common stock on the open market.
−Removed: The 2022 Plan replaced the 2019 Plan.
−Removed: During 2022, United repurchased 378,761 shares under the 2022 Plan.
−Removed: United did not repurchase any shares in 2023 or 2024.
−Removed: As of December 31, 2024, United still has 4,371,239 shares available for repurchase under the 2022 Plan.
+Added: United has also established long-term stock-based incentive plans for certain eligible officers.
+Added: In addition to the above long-term stock-based incentive plans, United is occasionally involved in certain mergers in which additional shares could be issued and recognizes that additional shares could be issued for other appropriate purposes.
+Added: United’s common stock is traded on the National Association of Securities Dealers Automated Quotations System, Global Select Market (“NASDAQ”) under the trading symbol UBSI.
+Added: The closing sale price reported for United’s common stock on February 20, 2026, the last practicable date, was $44.28.
The Board of Directors believes that the availability of authorized but unissued common stock of United is of considerable value if opportunities should arise for the acquisition of other businesses through the issuance of United’s stock.
3 unchanged sentences
Shareholders of United have cumulative voting rights with regard to election of directors.
−Removed: United’s common stock is traded over the counter on the National Association of Securities Dealers Automated Quotations System, Global Select Market (“NASDAQ”) under the trading symbol UBSI.
−Removed: The closing sale price reported for United’s common stock on February 20, 2025, the last practicable date, was $36.77.
On December 23, 2008, the shareholders of United authorized the issuance of preferred stock up to 50,000,000 shares with a par value of $1.00 per share.
17 unchanged sentences
Issuer Repurchases
+Added: On May 11, 2022, the Board of Directors approved a stock repurchase plan (the “2022 Plan”) to repurchase up to 4,750,000 shares of United’s common stock on the open market.
+Added: During 2022, United repurchased 378,761 shares under the 2022 Plan.
+Added: United did not repurchase any shares in 2023 or 2024.
+Added: During 2025, United repurchased 3,387,948 shares under the 2022 Plan.
+Added: On November 20, 2025, the Board of Directors approved a new repurchase plan (the “2025 Plan”) to repurchase up to 5,000,000 shares of United’s common stock on the open market.
+Added: The 2025 Plan replaced the 2022 Plan.
+Added: The timing, price and quantity of purchases under the plans are at the discretion of management and the plan may be discontinued, suspended or restarted at any time depending on the facts and circumstances.
+Added: During 2025, United repurchased 200,000 shares under the 2025 Plan.
The table below includes certain information regarding United’s purchase of its common shares during the three months ended December 31, 2025:
12 unchanged sentences
Shares are purchased pursuant to the terms of the applicable plan and not pursuant to a publicly announced stock repurchase plan.
−Removed: For the quarter ended December 31, 2024 – no shares were exchanged by participants in United’s long-term incentive plans.
+Added: For the quarter ended December 31, 2025 – 193 shares were exchanged by participants in United’s long-term incentive plans.
Includes shares purchased in open market transactions by United for a rabbi trust to provide payment of benefits under a deferred compensation plan for certain key officers of United and its subsidiaries.
−Removed: For the quarter ended December 31, 2024, the following shares were purchased for the deferred compensation plan:
−Removed: November 2024 – 5 shares at an average price of $35.96.
−Removed: In May of 2022, United’s Board of Directors approved a repurchase plan to repurchase up to 4,750,000 shares of United’s common stock on the open market (the “2022 Plan”).
−Removed: The timing, price and quantity of purchases under the plans are at the discretion of management and the plan may be discontinued, suspended or restarted at any time depending on the facts and circumstances.
−Removed: The 2022 Plan replaces a repurchase plan approved by United’s Board of Directors in October of 2019.
+Added: For the quarter ended December 31, 2025, no shares were purchased for the deferred compensation plan.
+Added: United repurchased 1,103,666 shares under the 2022 Plan.
+Added: United repurchased 200,000 shares under the 2025 Plan.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.