Richard M. Adams Sr.
Net Worth

Last updated:

What is Richard M. Adams Sr. net worth?

The estimated net worth of Mr. Richard M. Adams Sr. is at least $61,962,702 as of 6 Nov 2024. He owns shares worth $802,702 as insider and has received compensation worth at least $61,160,000 in United Bankshares, Inc..

What is the salary of Richard M. Adams Sr.?

Mr. Richard M. Adams Sr. salary is $2,780,000 per year as Chairman & Chief Executive Officer in United Bankshares, Inc..

How old is Richard M. Adams Sr.?

Mr. Richard M. Adams Sr. is 78 years old, born in 1947.

What stocks does Richard M. Adams Sr. currently own?

As insider, Mr. Richard M. Adams Sr. owns shares in one company:

Company Title Shares Price per share Total value
United Bankshares, Inc. (UBSI) Chairman & Chief Executive Officer 21,578 $37.2 $802,702

What does United Bankshares, Inc. do?

United Bankshares, Inc., a financial holding company, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, NOW accounts, and interest-bearing checking accounts. Its loan products include commercial loans and leases; construction and real estate loans; personal, student, credit card, commercial, and floor plan loans; and home equity loans. In addition, the company provides credit cards; safe deposit boxes, wire transfers, and other banking products and services; investment and security services; services to correspondent banks, including buying and selling federal funds; automated teller machine services; and internet and telephone banking services. Further, it offers community banking services, such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services. As of December 31, 2021, the company operated 250 offices in Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia, Pennsylvania, West Virginia, and Ohio. United Bankshares, Inc. was incorporated in 1982 and is headquartered in Charleston, West Virginia.

UBSI logo
UBSI
United Bankshares, Inc.
$37.2

Richard M. Adams Sr. insider trading

United Bankshares, Inc.

Mr. Richard M. Adams Sr. has made 5 insider trades between 2003-2024, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 60,000 units of UBSI stock on 18 Sep 2019. As of 6 Nov 2024 he still owns at least 21,578 units of UBSI stock.

Transaction Date Security Shares Price per share Total value Source
Option
Common Stock 33,300 $36.92 $1,229,436
Option
Stock Option 33,300 $36.92 $1,229,436
Option
Common Stock 33,300 $28.89 $962,037
Option
Stock Option 33,300 $28.89 $962,037
Purchase
Common Stock 47 $39.25 $1,845
Option
Stock Option 33,300 $26.19 $872,127
Option
Common Stock 33,300 $26.19 $872,127
Purchase
Common Stock 7,770 $33.6 $261,072
Purchase
Common Stock 6 $33.59 $202
Option
Common Stock 33,300 $29.4 $979,020
Option
Stock Option 33,300 $29.4 $979,020
Option
Common Stock 60,000 $28.64 $1,718,400
Option
Stock Option 60,000 N/A N/A
Option
Stock Option 60,000 N/A N/A
Option
Common Stock 60,000 N/A N/A
Option
Stock Option 20,000 N/A N/A
Option
Common Stock 20,000 N/A N/A
Purchase
Common Stock 7,867 N/A N/A
Purchase
Common Stock 675 N/A N/A
Sale
Common Stock 24,000 N/A N/A
Option
Stock Option 24,000 N/A N/A
Option
Common Stock 24,000 N/A N/A
Purchase
Common Stock 5,000 N/A N/A
Purchase
Common Stock 15,000 N/A N/A
Option
Common Stock 48,000 N/A N/A
Option
Stock Option 48,000 N/A N/A
Option
Stock Option 24,000 N/A N/A
Sale
Common Stock 48,000 N/A N/A
Purchase
Common Stock 4,000 N/A N/A
Option
Stock Option 28,000 N/A N/A
Option
Common Stock 28,000 N/A N/A
Sale
Common Stock 15,490 N/A N/A
Option
Stock Option 25,428 N/A N/A
Option
Common Stock 25,428 N/A N/A
Sale
Common Stock 500 N/A N/A
Purchase
Common Stock 586 N/A N/A
Option
Common Stock 25,428 N/A N/A
Option
Stock Option 25,428 N/A N/A
Sale
Common Stock 1,200 N/A N/A
Purchase
Common Stock 4,000 N/A N/A
Option
Stock Option 29,000 N/A N/A
Option
Common Stock 29,000 N/A N/A
Option
Stock Option 20,000 N/A N/A
Option
Common Stock 20,000 N/A N/A
Purchase
Common Stock 6 N/A N/A
Purchase
Common Stock 7 N/A N/A

United Bankshares key executives

United Bankshares, Inc. executives and other stock owners filed with the SEC:

  • Mr. Darren K. Williams (53) Executive Vice President and Chief Information & Risk Officer
  • Mr. James J. Consagra Jr., CPA (64) Executive Vice President & Chief Operating Officer
  • Mr. Jerold L. Rexroad CPA, CPA (65) Executive Vice President & Director
  • Mr. Richard M. Adams Sr. (78) Chairman & Chief Executive Officer
  • Mr. Richard Matthew Adams Jr., M.D. (57) Pres
  • Mr. W. Mark Tatterson (50) Executive Vice President, Chief Financial Officer & Treasurer