WesBanco (NASDAQ: WSBC) CEO Jackson reports tax-withholding of 12,059 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WesBanco Inc. President & CEO Jeffrey H. Jackson reported a Form 4 showing a tax-related share disposition. On June 1, 2026, 12,059 shares of Common Stock were delivered at $34.56 per share to satisfy tax obligations, a non-market transaction. After this tax-withholding disposition, Jackson directly holds about 85,469.2 WesBanco shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Jeffrey H
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 12,059 | $34.56 | $417K |
Holdings After Transaction:
Common Stock — 85,469.2 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withheld shares: 12,059 shares
Price per share: $34.56 per share
Shares held after transaction: 85,469.2 shares
3 metrics
Tax-withheld shares
12,059 shares
Shares delivered to cover tax liabilities on Jun. 1, 2026
Price per share
$34.56 per share
Value used for tax-withholding disposition of common stock
Shares held after transaction
85,469.2 shares
Direct WesBanco common stock holdings after tax withholding
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock, non-derivative
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did WesBanco (WSBC) report for Jeffrey H. Jackson?
WesBanco reported that President & CEO Jeffrey H. Jackson had 12,059 common shares withheld to cover tax obligations. This Form 4 transaction is classified as a tax-withholding disposition rather than an open-market trade and reflects administrative handling of equity compensation.
Was the WesBanco (WSBC) Form 4 transaction a stock sale in the market?
No, the WesBanco Form 4 shows a tax-withholding disposition, not an open-market stock sale. Shares were delivered at $34.56 each to satisfy tax liabilities tied to equity compensation instead of being sold to public market buyers.
What does transaction code F mean in WesBanco (WSBC) CEO’s Form 4?
Transaction code F on the WesBanco Form 4 indicates payment of an exercise price or tax liability by delivering securities. In this case, it classifies Jackson’s 12,059-share transfer as tax withholding, distinguishing it from a discretionary open-market purchase or sale.