WesBanco (WSBC) SEVP Kimberly Griffith uses 500 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WesBanco Inc. executive Kimberly L. Griffith reported a tax-withholding disposition of 500 shares of Common Stock. On this Form 4, 500 shares were delivered at $34.56 per share to satisfy a tax obligation, rather than sold in the open market. After this transaction, she directly holds 15,857.748 WesBanco shares, indicating the event is a routine equity-compensation-related adjustment rather than a change in her overall investment stance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Griffith Kimberly L
Role
SEVP - Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 500 | $34.56 | $17K |
Holdings After Transaction:
Common Stock — 15,857.748 shares (Direct, null)
Footnotes (1)
Key Figures
Shares used for tax withholding: 500 shares
Transaction price per share: $34.56 per share
Shares held after transaction: 15,857.748 shares
3 metrics
Shares used for tax withholding
500 shares
Common Stock, Form 4 code F disposition
Transaction price per share
$34.56 per share
Value applied to 500-share tax-withholding disposition
Shares held after transaction
15,857.748 shares
Direct WesBanco Common Stock holdings post-transaction
Key Terms
tax-withholding disposition, Common Stock, Form 4
3 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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.