[Form 4] WESBANCO INC Insider Trading Activity
WesBanco Inc. (WSBC) reported that an executive officer, serving as SEVP/Chief Risk Officer, had 80 depositary shares of the company’s preferred stock redeemed on 11/17/2025. The Form 4 shows a disposition of 80 depositary shares at a price of $25 per share, leaving 0 shares beneficially owned after the transaction, held directly.
According to the explanation, these depositary shares represented a 1/40th interest in a share of WesBanco’s 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The shares were called for redemption by WesBanco, meaning the company required their redemption rather than the officer selling them on the open market.
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FAQ
What insider transaction did WesBanco Inc. (WSBC) report in this Form 4?
WesBanco Inc. reported that its SEVP/Chief Risk Officer had 80 depositary shares of preferred stock redeemed on 11/17/2025, reducing their beneficial ownership to 0 shares.
What type of security was involved in the WesBanco (WSBC) insider transaction?
The transaction involved depositary shares, each representing a 1/40th interest in a share of WesBanco’s 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A.
At what price were the WesBanco (WSBC) depositary shares redeemed?
The 80 depositary shares were disposed of at a price of $25 per share as reported in the Form 4.
Did the WesBanco (WSBC) reporting person retain any of these depositary shares after the transaction?
No. Following the reported transaction, the Form 4 shows the reporting person beneficially owned 0 depositary shares, held directly.
Why were the WesBanco (WSBC) depositary shares disposed of by the insider?
The explanation states that the depositary shares were called for redemption by WesBanco Inc., meaning the company redeemed them rather than the insider voluntarily selling them.
What is the relationship of the reporting person to WesBanco (WSBC)?
The reporting person is an officer of WesBanco Inc., serving as SEVP/Chief Risk Officer, and filed the Form 4 as a single reporting person.