The estimated Net Worth of Mark R Nesselroad is at least $3.01 Milion dollars as of 26 March 2021. Mr. Nesselroad owns over 5,950 units of United Bankshares stock worth over $663,642 and over the last 13 years he sold UBSI stock worth over $2,231,231. In addition, he makes $118,282 as Independent Director at United Bankshares.
Mark has made over 3 trades of the United Bankshares stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 5,950 units of UBSI stock worth $233,002 on 26 March 2021.
The largest trade he's ever made was selling 59,228 units of United Bankshares stock on 26 March 2012 worth over $1,766,179. On average, Mark trades about 4,742 units every 219 days since 2012. As of 26 March 2021 he still owns at least 18,358 units of United Bankshares stock.
You can see the complete history of Mr. Nesselroad stock trades at the bottom of the page.
Mark R. Nesselroad is an Independent Director of United Bankshares, Inc. Mr. Nesselroad is the Chief Executive Officer of Glenmark Holding Limited Liability Company, a real estate development company. Mr. Nesselroad is a director of United Bank. Mr. Nesselroad has been a director of the Company since 2011. Prior to serving on United’s Board, Mr. Nesselroad served on Centra Financial Holdings, Inc.’s Board of Directors from 2003 to July of 2011. He was a member of Centra’s audit committee, executive committee, compensation committee and finance committee. Mr. Nesselroad is a real estate developer in one of United’s key markets. Mr. Nesselroad formerly served on the Board of Directors of the West Virginia Housing Development Fund and the West Virginia United Health System and he currently serves on the Board of Directors of the EdVenture Group and the Mylan Park Foundation, Inc. Mr. Nesselroad brings his knowledge of commercial real estate in a key geographic market of United as well as his extensive experience on boards of directors and committees to his role as a director of the Company and as the Chairman of the Risk Committee and a member of the Governance and Nominating, Executive and Compensation Committees.
As the Independent Director of United Bankshares, the total compensation of Mark Nesselroad at United Bankshares is $118,282. There are 14 executives at United Bankshares getting paid more, with Richard M. Adams Sr. having the highest compensation of $2,779,124.
Mark Nesselroad is 64, he's been the Independent Director of United Bankshares since 2011. There are 7 older and 14 younger executives at United Bankshares. The oldest executive at United Bankshares, Inc. is Richard M. Adams Sr., 74, who is the Chairman & CEO.
Over the last 24 years, insiders at United Bankshares have traded over $20,542,182 worth of United Bankshares stock and bought 125,154 units worth $3,780,610 . The most active insiders traders include Michael P Fitzgerald, Peter A Converse oraz Richard M Sr Adams. On average, United Bankshares executives and independent directors trade stock every 30 days with the average trade being worth of $373,285. The most recent stock trade was executed by Ross M Draber on 7 December 2023, trading 1,000 units of UBSI stock currently worth $28,890.
at united, we are committed to providing each customer with an unmatched level of service. while we offer competitive products, services, rates, and technology, the level of service we provide and our commitment to building relationships is what sets us apart from our competitors. united isn’t just growing to get bigger. we are growing to satisfy the continued demand for a bank that focuses on service. with 130 branches across maryland, ohio, pennsylvania, virginia and west virginia and over 1600 employees, our mix of competitive products, combined with a high level of service and a focus on relationships is an overwhelming value proposition for our customers.
United Bankshares executives and other stock owners filed with the SEC include: