WesBanco (WSBC) EVP Scott Love adds 400 shares in open-market stock purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WesBanco Inc. executive Scott A. Love purchased additional company stock in the open market. As EVP – Wealth Management, he bought 400 shares of WesBanco common stock at a price of $34.08 per share. Following this transaction, he directly holds 26,802.633 WesBanco common shares, indicating a routine increase in his personal investment stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 400 shares ($13,632)
Net Buy
1 txn
Insider
Love Scott A
Role
EVP - Wealth Management
Bought
400 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 400 | $34.08 | $14K |
Holdings After Transaction:
Common Stock — 26,802.633 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 400 shares
Purchase price: $34.08 per share
Post-transaction holdings: 26,802.633 shares
3 metrics
Shares purchased
400 shares
Open-market purchase of WesBanco common stock
Purchase price
$34.08 per share
Price paid for WesBanco common stock
Post-transaction holdings
26,802.633 shares
Direct WesBanco common stock owned after transaction
Key Terms
open-market purchase, Common Stock, Form 4
3 terms
open-market purchase financial
"he bought 400 shares of WesBanco common stock at a price of $34.08 per share"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"WesBanco common stock at a price of $34.08 per share"
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.
Form 4 regulatory
"After the reported transaction, Scott A. Love directly owns 26,802.633 shares of WesBanco common stock"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WesBanco (WSBC) report for Scott A. Love?
WesBanco reported that Scott A. Love, EVP – Wealth Management, made an open-market purchase of company stock. He acquired 400 shares of WesBanco common stock, increasing his direct ownership and signaling a personal addition to his existing stake.
What is Scott A. Love’s total WesBanco (WSBC) ownership after this Form 4 trade?
After the reported transaction, Scott A. Love directly owns 26,802.633 shares of WesBanco common stock. This total includes the newly purchased 400 shares and represents his direct position as disclosed in the Form 4 insider ownership data.
What role does Scott A. Love hold at WesBanco (WSBC) in this insider filing?
In the filing, Scott A. Love is identified as an officer of WesBanco, serving as Executive Vice President – Wealth Management. His position links the reported open-market purchase to a senior management member responsible for the company’s wealth management activities.
Was the WesBanco (WSBC) insider transaction a buy or sell action?
The insider transaction was a buy action. Scott A. Love executed an open-market purchase of 400 WesBanco common shares at $34.08 each, increasing his direct holdings rather than disposing of or restructuring any existing position in the company’s stock.