UNITED BANKSHARES INC WEST V

Ticker: UBSI CUSIP: 909907107 Class: COM

Louisiana State Employees Retirement System's Holding History (CIK: 0001537191)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 38,800 Value ($000) $1,490 Avg Close $37.24 Range $34.10 - $40.52

Q3 2025

Shares 39,300 Value ($000) $1,462 Avg Close $37.28 Range $34.48 - $39.11

Q2 2025

Shares 39,900 Value ($000) $1,454 Avg Close $35.11 Range $30.51 - $37.46

Q1 2025

Shares 40,000 Value ($000) $1,387 Avg Close $36.64 Range $33.81 - $39.56

Q4 2024

Shares 37,400 Value ($000) $1,404 Avg Close $39.37 Range $35.31 - $44.43

Q3 2024

Shares 37,400 Value ($000) $1,388 Avg Close $36.49 Range $31.47 - $39.93

Q2 2024

Shares 38,100 Value ($000) $1,236 Avg Close $33.05 Range $30.68 - $36.08

Q1 2024

Shares 38,700 Value ($000) $1,385 Avg Close $35.35 Range $32.92 - $38.18

Q4 2023

Shares 37,900 Value ($000) $1,423 Avg Close $31.77 Range $25.35 - $38.74

Q3 2023

Shares 38,200 Value ($000) $1,054 Avg Close $30.11 Range $26.49 - $34.30

Q2 2023

Shares 39,300 Value ($000) $1,166 Avg Close $31.48 Range $27.68 - $35.61

Q1 2023

Shares 35,600 Value ($000) $1,253 Avg Close $39.25 Range $33.35 - $42.45

Q4 2022

Shares 36,100 Value ($000) $1 Avg Close $40.53 Range $35.73 - $44.15

Q3 2022

Shares 35,800 Value ($000) $1,280 Avg Close $37.28 Range $33.67 - $40.85

Q2 2022

Shares 35,600 Value ($000) $1,297 Avg Close $35.08 Range $33.11 - $37.81

Q1 2022

Shares 35,700 Value ($000) $1,262 Avg Close $36.33 Range $33.58 - $39.80

Q4 2021

Shares 35,100 Value ($000) $1,273 Avg Close $36.81 Range $33.34 - $39.41

Q3 2021

Shares 33,000 Value ($000) $1,201 Avg Close $34.96 Range $31.74 - $37.12

Q2 2021

Shares 34,800 Value ($000) $1,270 Avg Close $39.30 Range $36.19 - $42.50

Q1 2021

Shares 33,500 Value ($000) $1,292 Avg Close $36.67 Range $31.57 - $41.61

Q4 2020

Shares 32,400 Value ($000) $1,050 Avg Close $28.24 Range $21.19 - $32.86

Q3 2020

Shares 32,400 Value ($000) $696 Avg Close $26.04 Range $20.57 - $30.07

Q2 2020

Shares 31,700 Value ($000) $877 Avg Close $26.85 Range $21.52 - $33.12

Q1 2020

Shares 24,600 Value ($000) $568 Avg Close $31.40 Range $19.67 - $39.07

Q4 2019

Shares 24,600 Value ($000) $951 Avg Close $38.56 Range $36.09 - $40.70

Q3 2019

Shares 24,500 Value ($000) $928 Avg Close $37.04 Range $34.77 - $39.98

Q2 2019

Shares 26,100 Value ($000) $965 Avg Close $37.56 Range $35.42 - $39.88

Q1 2019

Shares 27,300 Value ($000) $989 Avg Close $36.07 Range $30.67 - $39.14

Q4 2018

Shares 27,400 Value ($000) $852 Avg Close $33.75 Range $29.13 - $36.84

Q3 2018

Shares 28,400 Value ($000) $1,032 Avg Close $37.92 Range $34.75 - $39.95

Q2 2018

Shares 28,400 Value ($000) $1,034 Avg Close $35.81 Range $33.40 - $38.80

Q1 2018

Shares 27,600 Value ($000) $973 Avg Close $36.19 Range $33.60 - $38.55

Q4 2017

Shares 26,600 Value ($000) $924 Avg Close $36.07 Range $33.60 - $38.45

Q3 2017

Shares 28,000 Value ($000) $1,040 Avg Close $35.19 Range $31.70 - $40.45

Q2 2017

Shares 27,400 Value ($000) $1,074 Avg Close $39.69 Range $37.45 - $42.60

Q1 2017

Shares 33,000 Value ($000) $1,394 Avg Close $44.05 Range $39.45 - $47.30

Q4 2016

Shares 27,000 Value ($000) $1,249 Avg Close $42.45 Range $36.53 - $49.35

Q3 2016

Shares 29,700 Value ($000) $1,119 Avg Close $38.28 Range $35.91 - $39.71

Q2 2016

Shares 28,700 Value ($000) $1,077 Avg Close $37.72 Range $34.50 - $40.18

Q1 2016

Shares 28,700 Value ($000) $1,053 Avg Close $35.10 Range $32.22 - $37.85

Q4 2015

Shares 28,600 Value ($000) $1,058 Avg Close $39.54 Range $35.78 - $43.13

Q3 2015

Shares 28,500 Value ($000) $1,083 Avg Close $39.25 Range $35.60 - $43.43

Q2 2015

Shares 28,300 Value ($000) $1,139 Avg Close $38.23 Range $36.58 - $40.70

Q1 2015

Shares 28,000 Value ($000) $1,052 Avg Close $36.54 Range $33.25 - $38.88

Q4 2014

Shares 29,500 Value ($000) $1,105 Avg Close $34.37 Range $30.39 - $38.00

Q3 2014

Shares 29,300 Value ($000) $906 Avg Close $32.23 Range $30.89 - $33.60

Q2 2014

Shares 29,200 Value ($000) $944 Avg Close $30.44 Range $28.19 - $32.50

Q1 2014

Shares 29,000 Value ($000) $888 Avg Close $30.00 Range $28.23 - $32.08

Q4 2013

Shares 21,200 Value ($000) $667 Avg Close $30.60 Range $28.06 - $32.71

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	38,800	$1,490	$37.24	$34.10 - $40.52
Q3 2025	39,300	$1,462	$37.28	$34.48 - $39.11
Q2 2025	39,900	$1,454	$35.11	$30.51 - $37.46
Q1 2025	40,000	$1,387	$36.64	$33.81 - $39.56
Q4 2024	37,400	$1,404	$39.37	$35.31 - $44.43
Q3 2024	37,400	$1,388	$36.49	$31.47 - $39.93
Q2 2024	38,100	$1,236	$33.05	$30.68 - $36.08
Q1 2024	38,700	$1,385	$35.35	$32.92 - $38.18
Q4 2023	37,900	$1,423	$31.77	$25.35 - $38.74
Q3 2023	38,200	$1,054	$30.11	$26.49 - $34.30
Q2 2023	39,300	$1,166	$31.48	$27.68 - $35.61
Q1 2023	35,600	$1,253	$39.25	$33.35 - $42.45
Q4 2022	36,100	$1	$40.53	$35.73 - $44.15
Q3 2022	35,800	$1,280	$37.28	$33.67 - $40.85
Q2 2022	35,600	$1,297	$35.08	$33.11 - $37.81
Q1 2022	35,700	$1,262	$36.33	$33.58 - $39.80
Q4 2021	35,100	$1,273	$36.81	$33.34 - $39.41
Q3 2021	33,000	$1,201	$34.96	$31.74 - $37.12
Q2 2021	34,800	$1,270	$39.30	$36.19 - $42.50
Q1 2021	33,500	$1,292	$36.67	$31.57 - $41.61
Q4 2020	32,400	$1,050	$28.24	$21.19 - $32.86
Q3 2020	32,400	$696	$26.04	$20.57 - $30.07
Q2 2020	31,700	$877	$26.85	$21.52 - $33.12
Q1 2020	24,600	$568	$31.40	$19.67 - $39.07
Q4 2019	24,600	$951	$38.56	$36.09 - $40.70
Q3 2019	24,500	$928	$37.04	$34.77 - $39.98
Q2 2019	26,100	$965	$37.56	$35.42 - $39.88
Q1 2019	27,300	$989	$36.07	$30.67 - $39.14
Q4 2018	27,400	$852	$33.75	$29.13 - $36.84
Q3 2018	28,400	$1,032	$37.92	$34.75 - $39.95
Q2 2018	28,400	$1,034	$35.81	$33.40 - $38.80
Q1 2018	27,600	$973	$36.19	$33.60 - $38.55
Q4 2017	26,600	$924	$36.07	$33.60 - $38.45
Q3 2017	28,000	$1,040	$35.19	$31.70 - $40.45
Q2 2017	27,400	$1,074	$39.69	$37.45 - $42.60
Q1 2017	33,000	$1,394	$44.05	$39.45 - $47.30
Q4 2016	27,000	$1,249	$42.45	$36.53 - $49.35
Q3 2016	29,700	$1,119	$38.28	$35.91 - $39.71
Q2 2016	28,700	$1,077	$37.72	$34.50 - $40.18
Q1 2016	28,700	$1,053	$35.10	$32.22 - $37.85
Q4 2015	28,600	$1,058	$39.54	$35.78 - $43.13
Q3 2015	28,500	$1,083	$39.25	$35.60 - $43.43
Q2 2015	28,300	$1,139	$38.23	$36.58 - $40.70
Q1 2015	28,000	$1,052	$36.54	$33.25 - $38.88
Q4 2014	29,500	$1,105	$34.37	$30.39 - $38.00
Q3 2014	29,300	$906	$32.23	$30.89 - $33.60
Q2 2014	29,200	$944	$30.44	$28.19 - $32.50
Q1 2014	29,000	$888	$30.00	$28.23 - $32.08
Q4 2013	21,200	$667	$30.60	$28.06 - $32.71