Peter Converse Net Worth

The estimated Net Worth of Peter A Converse is at least $23.9 Million dollars as of 21 November 2023. Mr. Converse owns over 740 units of United Bankshares stock worth over $15,834,531 and over the last 11 years he sold UBSI stock worth over $7,893,570. In addition, he makes $212,032 as Director at United Bankshares.

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Mr. Converse UBSI stock SEC Form 4 insiders trading

Peter has made over 16 trades of the United Bankshares stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 740 units of UBSI stock worth $24,575 on 21 November 2023.

The largest trade he's ever made was selling 69,020 units of United Bankshares stock on 16 February 2018 worth over $2,555,811. On average, Peter trades about 9,500 units every 128 days since 2014. As of 21 November 2023 he still owns at least 438,023 units of United Bankshares stock.

You can see the complete history of Mr. Converse stock trades at the bottom of the page.

Peter Converse biography

Peter A. Converse is the Director of United Bankshares, Inc. Mr. Converse is the former President and Chief Executive Officer of Virginia Commerce Bancorp, Inc. and Virginia Commerce Bank. Mr. Converse is a director of United Bank. Mr. Converse has been a director of the Company since 2014. Mr. Converse has extensive community banking experience of over 40 years in the Washington, D.C. area. He served as President, Chief Executive Officer and a director of Virginia Commerce Bancorp, Inc. for 20 years until January 2014 when Virginia Commerce Bancorp, Inc. was acquired by United. Prior to that, Mr. Converse was the Senior Vice President/Chief Lending Officer for Federal Capital Bank from March 1992 to December 1993; Senior Vice President of Bank of Maryland from October 1990 to March 1992; and Executive Vice President/Chief Lending Officer for Century National Bank from May 1986 to July 1990 and Senior Vice President/Chief Lending Officer for Central National Bank from July 1979 to April 1986. Mr. Converse is a member of the Executive Committee.

What is the salary of Peter Converse?

As the Director of United Bankshares, the total compensation of Peter Converse at United Bankshares is $212,032. There are 11 executives at United Bankshares getting paid more, with Richard M. Adams Sr. having the highest compensation of $2,779,124.

How old is Peter Converse?

Peter Converse is 69, he's been the Director of United Bankshares since 2014. There are 6 older and 15 younger executives at United Bankshares. The oldest executive at United Bankshares, Inc. is Richard M. Adams Sr., 74, who is the Chairman & CEO.

Insiders trading at United Bankshares

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, and 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.

What does United Bankshares do?

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.

Complete history of Mr. Converse stock trades at United Bankshares

United Bankshares executives and stock owners

United Bankshares executives and other stock owners filed with the SEC include:

• Richard M. Adams Sr.,
  Chairman & CEO
• Richard Adams,
  President
• James Consagra,
  Chief Operating Officer, Executive Vice President
• W. Mark Tatterson,
  Chief Financial Officer, Executive Vice President
• Richard Matthew Adams Jr., M.D.,
  Pres
• James J. Consagra Jr., CPA,
  Exec. VP & COO
• W. Mark Tatterson,
  Exec. VP, CFO & Treasurer
• Darren K. Williams,
  Exec. VP and Chief Information & Risk Officer
• Jerold L. Rexroad CPA, CPA,
  Exec. VP & Director
• J. Paul McNamara,
  Independent Director
• Michael Fitzgerald,
  Director
• Peter Converse,
  Director
• P. Clinton Winter,
  Lead Independent Director
• Gary White,
  Independent Director
• Mark Nesselroad,
  Independent Director
• Mary Weddle,
  Independent Director
• Theodore Georgelas,
  Independent Director
• Albert Small,
  Independent Director
• Jerold Rexroad,
  Independent Director
• Patrice Harris,
  Independent Director
• Douglas Ernest,
  Executive Vice President and Chief Credit Officer
• Darren Williams,
  Executive Vice President, Chief Risk Officer
• Charles J. Mildren,
  Chief Consumer Banking Officer
• Douglas Bryon Ernest,
  Exec. VP & Chief Credit Officer
• Ross M. Draber,
  Chief Admin. Officer
• Matthew Lee Humphrey,
  Head of Wealth & Investment Management
• Bernard H Clineburg,
  Director
• Craige L Smith,
  Executive Vice-President
• Lawrence K Doll,
  Director
• Robert G Astorg,
  Director
• Thomas J Iii Blair,
  Director
• Gaston Caperton,
  Director
• John M Mcmahon,
  Director
• W Douglas Fisher,
  Director
• Donald L Unger,
  Director
• William C Iii Pitt,
  Director
• F T Jr Graff,
  Director
• Joe L Wilson,
  EXECUTIVE VICE PRESIDENT
• Steven E Wilson,
  EXECUTIVE VICE PRESIDENT
• James B Jr Hayhurst,
  EXECUTIVE VICE PRESIDENT
• H Smoot Fahlgren,
  Director
• Russell L Jr Isaacs,
  Director
• Douglas J Leech,
  Director
• Kendal E Carson,
  EXECUTIVE VICE PRESIDENT
• Isaac N Jr Smith,
  Director
• John Iii Neuner,
  EXECUTIVE VICE PRESIDENT
• Warren A Iii Thornhill,
  Director
• James G Tardiff,
  Director
• James W Jr Word,
  Director
• Charles L. Jr Capito,
  Director
• Jerry L Rexroad,
  Executive Vice President
• Henry M Jr Kayes,
  EVP
• Matthew L Humphrey,
  Executive Vice President
• Ami L Shaver,
  Executive Vice President
• Anna J Schultheis,
  Executive Vice President
• Richard M Jr Adams,
  Chief Executive Officer
• Michael Proctor,
  Executive Vice President
• Julie R Gurtis,
  Executive Vice President
• Diana Lewis Jackson,
  Director
• Lacy I Iii Rice,
  Director