other_material
confidence high
sentiment neutral
materiality 0.45
United Bankshares enters Change in Control Agreements with four top executives
UNITED BANKSHARES INC/WV
- CEO Adams and President Consagra get 3x base salary plus target bonus on qualifying termination after change in control.
- CFO Tatterson and CRO Williams get 2x multiple; all four get prorated bonus and COBRA subsidy (36 mo top two, 24 mo others).
- Agreements effective July 31, 2025; supersede 2008 change of control agreements for Adams and Consagra.
- Compensation Committee also approves 2025 Equity Incentive Plan award forms and SERP amendment for Williams.
item 5.02item 9.01