---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-004551"
form_type: "8-K"
ticker: "UBSI"
cik: "0000729986"
company_name: "UNITED BANKSHARES INC/WV"
filed_at: "2025-01-10T23:59:59+00:00"
generated_at: "2026-05-28T05:56:04.400450+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# United Bankshares completes acquisition of Piedmont Bancorp; combined assets >$32B

## Summary
- Each Piedmont share converted into 0.300 share of UBSI common stock plus cash for fractional shares.
- Combined organization has over $32 billion in assets and 240+ locations across nine states.
- United assumed $20M of Piedmont subordinated notes due 2030 as part of the deal.
- Monty Watson, former Piedmont CEO, to serve as regional president for former Piedmont locations.
- Merger effective as of 5:01 p.m. on January 10, 2025.

## SEC filing metadata
- accession: 0001193125-25-004551
- form_type: 8-K
- ticker: UBSI
- cik: 0000729986
- company_name: UNITED BANKSHARES INC/WV
- filed_at: 2025-01-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729986/000119312525004551/0001193125-25-004551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729986/000119312525004551/d880247d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-004551
- JSON: https://secwatch.observer/filing/0001193125-25-004551.json
- Plain text: https://secwatch.observer/filing/0001193125-25-004551.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.