Tax withholding adjusts WesBanco (WSBC) EVP Scott Love’s holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WesBanco EVP Scott A. Love reported a routine tax-related share disposition. On June 1, 2026, 1,574 shares of WesBanco common stock were withheld at $34.56 per share to cover tax obligations. After this non-market transaction, he directly holds about 25,228.633 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Love Scott A
Role
EVP - Wealth Management
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,574 | $34.56 | $54K |
Holdings After Transaction:
Common Stock — 25,228.633 shares (Direct, null)
Footnotes (1)
Key Figures
Shares for tax withholding: 1,574 shares
Reported share value: $34.56 per share
Shares held after transaction: 25,228.633 shares
3 metrics
Shares for tax withholding
1,574 shares
Common Stock delivered for tax liability on June 1, 2026
Reported share value
$34.56 per share
Value used for 1,574 shares withheld for taxes
Shares held after transaction
25,228.633 shares
Direct WesBanco common stock ownership after tax withholding
Key Terms
tax-withholding disposition, Common Stock, Form 4
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 1,574 shares"
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 listed as "Common Stock" for the transaction"
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 is identified as 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.
FAQ
What did WesBanco (WSBC) executive Scott A. Love report in this Form 4?
Scott A. Love reported a tax-withholding disposition of 1,574 WesBanco common shares. These shares were delivered to cover tax liabilities, not sold on the open market, and he continues to hold a substantial direct share position afterward.
Was Scott A. Love’s WesBanco (WSBC) transaction an open-market sale?
No, the transaction was described as a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities under equity compensation arrangements, which is a common, non-discretionary administrative transaction for insiders.