WesBanco (WSBC) officer sells 2,000 preferred depositary shares
WesBanco Inc. (WSBC) senior executive SEVP & Chief Banking Officer reported a change in holdings of a preferred stock–linked security.
Rhea-AI Filing Summary
WesBanco Inc. (WSBC) senior executive SEVP & Chief Banking Officer reported a change in holdings of a preferred stock–linked security. On 11/17/2025, the officer disposed of 2,000 depositary shares at $25 per share, leaving a reported balance of 0 depositary shares owned directly. The depositary shares each represented a 1/40th interest in a share of WesBanco’s 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, which was called for redemption by the issuer.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Depositary Shares | 2,000 | $25.00 | $50K |
Footnotes (1)
- F1. The depositary shares, represented by a 1/40th interest in a share of WesBanco, Inc.'s 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, no par value per share, were called for redemption by the issuer.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WesBanco (WSBC) report in this Form 4 filing?
The filing reports that an officer of WesBanco Inc. (WSBC) disposed of 2,000 depositary shares on 11/17/2025, each at a price of $25, and now reports owning 0 such depositary shares directly.
Who is the reporting person in the WesBanco (WSBC) Form 4 and what is their role?
The reporting person is an officer of WesBanco Inc. with the title SEVP & Chief Banking Officer, indicating a senior executive position at the company.
What is the transaction code used in the WesBanco (WSBC) Form 4?
The Form 4 lists transaction code J (1) for the 11/17/2025 transaction involving the 2,000 depositary shares, with an accompanying explanation that the shares were called for redemption by WesBanco.
AI-generated analysis. How Rhea-AI works. Not financial advice.