Director Afzal Zahid awarded 2,417 WesBanco (WSBC) shares as grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Afzal Zahid reported acquisition or exercise transactions in this Form 4 filing.
WesBanco Inc. director Afzal Zahid received a stock grant of 2,417 shares of common stock at no cost. This award increased his direct holdings to 7,202.607 common shares. He also reports indirect ownership of 24,749 shares as co-trustee of a spouse trust and 22,756 shares held by another trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Afzal Zahid
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,417 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,202.607 shares (Direct, null);
Common Stock — 22,756 shares (Indirect, By Trust)
Footnotes (1)
Key Figures
Stock grant: 2,417 shares
Direct holdings after grant: 7,202.607 shares
Indirect spouse trust holdings: 24,749 shares
+2 more
5 metrics
Stock grant
2,417 shares
Common Stock grant at $0.00 per share
Direct holdings after grant
7,202.607 shares
Common Stock directly owned after transaction
Indirect spouse trust holdings
24,749 shares
Common Stock, co-trustee of spouse trust
Other indirect trust holdings
22,756 shares
Common Stock held by trust
Grant price
$0.00 per share
Price for 2,417-share Common Stock award
Key Terms
Common Stock, Grant, award, or other acquisition, Co-Ttee of Spouse Trust, By Trust
4 terms
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Co-Ttee of Spouse Trust financial
"nature_of_ownership: "Co-Ttee of Spouse Trust""
By Trust financial
"nature_of_ownership: "By Trust""
FAQ
What insider transaction did Afzal Zahid report for WesBanco (WSBC)?
Afzal Zahid reported receiving a grant of 2,417 WesBanco common shares. The shares were awarded at a price of $0.00 per share, reflecting a compensation-related stock grant rather than an open-market purchase or sale transaction.
What indirect WesBanco (WSBC) holdings are associated with Afzal Zahid?
The filing shows 24,749 WesBanco common shares held indirectly with Afzal Zahid as co-trustee of a spouse trust. It also reports 22,756 additional common shares held indirectly by another trust, both categorized as indirect ownership interests.
Was Afzal Zahid’s WesBanco (WSBC) stock grant an open-market purchase?
No, the 2,417 WesBanco common shares were reported with a transaction code describing a grant or award. The shares carried a price of $0.00 per share, indicating a compensation-related acquisition rather than an open-market purchase.
Does the WesBanco (WSBC) Form 4 show any insider stock sales by Afzal Zahid?
The Form 4 data provided does not show any open-market stock sales by Afzal Zahid. It instead reports a grant of 2,417 common shares and lists his resulting direct and indirect ownership positions in WesBanco stock.