STOCK TITAN

WesBanco (WSBC) risk chief gets 1,380-share grant, withholds 3,406 for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WesBanco Inc. executive Michael L. Perkins reported routine equity compensation and related tax withholding transactions. As SEVP/Chief Risk Officer, he received a grant of 1,380 shares of common stock on June 1, 2026 at a stated price of $0.0000 per share, reflecting an award rather than a market purchase. On the same date, 3,406 shares were disposed of in three F-code transactions at prices between $33.42 and $34.56 per share to satisfy exercise price or tax liabilities, not as open‑market sales. After these transactions, Perkins directly owned 58,955.955 shares of WesBanco common stock and indirectly held 3,242.561 shares through a 401(k) plan.

Positive

  • None.

Negative

  • None.

Insights

Routine equity award with tax withholding; no open-market trades reported.

Michael L. Perkins, SEVP/Chief Risk Officer of WesBanco Inc., reported a grant of 1,380 common shares as compensation and three F-code dispositions totaling 3,406 shares on June 1, 2026. F-code events reflect shares delivered to cover tax or exercise obligations.

Because the filing shows no open-market purchases or sales, the economic signal is limited. Following these entries, Perkins directly held 58,955.955 shares and had an additional 3,242.561 shares held indirectly via a 401(k) plan, indicating a continued meaningful equity stake.

The absence of derivative transactions or sales codes suggests this Form 4 records compensation and related withholding only. Future company filings may provide additional context on ongoing equity awards and any subsequent discretionary trading activity.

Insider Perkins Michael L
Role SEVP/Chief Risk Officer
Type Security Shares Price Value
Grant/Award Common Stock 1,380 $0.00 --
Tax Withholding Common Stock 148 $33.43 $5K
Tax Withholding Common Stock 228 $33.42 $8K
Tax Withholding Common Stock 3,030 $34.56 $105K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 58,955.955 shares (Direct, null); Common Stock — 3,242.561 shares (Indirect, By 401(k) Plan)
Footnotes (1)
Equity grant 1,380 shares Common Stock grant on June 1, 2026 (code A)
Tax withholding shares 3,406 shares Total F-code dispositions for tax/exercise obligations
Largest F-code block 3,030 shares at $34.56 Common Stock used for tax/exercise obligations
Additional F-code blocks 228 at $33.42; 148 at $33.43 Smaller tax-withholding dispositions
Direct holdings after transactions 58,955.955 shares Common Stock directly owned post-June 1, 2026
Indirect 401(k) holdings 3,242.561 shares Common Stock held by 401(k) plan
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.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
401(k) Plan financial
"nature_of_ownership": "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
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.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Perkins Michael L

(Last)(First)(Middle)
C/O WESBANCO INC
ONE BANK PLAZA

(Street)
WHEELING WEST VIRGINIA 26003

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WESBANCO INC [ WSBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SEVP/Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A1,380A$058,955.955D
Common Stock06/01/2026F148D$33.4358,807.955D
Common Stock06/01/2026F228D$33.4258,579.955D
Common Stock06/01/2026F3,030D$34.5655,549.955D
Common Stock3,242.561IBy 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Daniel K. Weiss, Attorney-in-Fact06/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did WesBanco (WSBC) executive Michael L. Perkins report?

Michael L. Perkins reported a grant of 1,380 WesBanco common shares and three F-code dispositions totaling 3,406 shares on June 1, 2026. The dispositions represent shares delivered to cover tax or exercise obligations, rather than open-market stock sales to third-party buyers.

Did Michael L. Perkins sell WesBanco (WSBC) shares in the open market?

The Form 4 shows no open-market sales by Michael L. Perkins. All three disposals are coded F, meaning shares were used to pay an exercise price or tax liability. This is a mechanical withholding process, not a discretionary sale into the market.

How many WesBanco (WSBC) shares does Michael L. Perkins hold after these transactions?

After the reported transactions, Michael L. Perkins directly owned 58,955.955 WesBanco common shares. He also indirectly held 3,242.561 shares through a 401(k) plan, reflecting both direct and retirement-plan-related ownership interests in the company’s stock.

What is the significance of the F transaction code in this WesBanco (WSBC) Form 4?

The F code indicates payment of an exercise price or tax liability by delivering securities. For WesBanco, Perkins used 3,406 shares to satisfy tax or exercise obligations. This code distinguishes routine withholding from voluntary open-market buying or selling activity.

What price levels were used for Michael L. Perkins’ WesBanco (WSBC) tax-withholding shares?

The 3,406 WesBanco shares used for tax or exercise obligations were valued at prices between $33.42 and $34.56 per share. These prices apply to the three separate F-code dispositions recorded on June 1, 2026, in the Form 4 filing.

Was the 1,380-share WesBanco (WSBC) transaction a market purchase by Michael L. Perkins?

No, the 1,380-share transaction is coded A, indicating a grant, award, or other acquisition. The shares are reported at a stated price of $0.0000 per share, consistent with stock-based compensation rather than a purchase in the open market.