WesBanco executive reports equity grant, tax share withholding
WesBanco Inc. executive Jayson M. Zatta reported routine equity compensation and related tax withholding transactions in company stock.
Rhea-AI Filing Summary
WesBanco Inc. executive Jayson M. Zatta reported routine equity compensation and related tax withholding transactions in company stock. He received a grant of 2,032 shares of common stock, recorded at a price of $0.00 per share, increasing his direct holdings to 100,097.347 shares after these transactions.
On the same date, 6,515 shares of common stock were disposed of in three separate F-code transactions at prices between $33.42 and $34.56 per share to cover tax liabilities by delivering shares, rather than through open-market sales. In addition, 2,994.476 shares are held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Zatta Jayson M
Role
SEVP & Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,032 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 212 | $33.43 | $7K |
| Exercise Price or Tax Liability | Common Stock | 341 | $33.42 | $11K |
| Exercise Price or Tax Liability | Common Stock | 5,962 | $34.56 | $206K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 93,582.347 shares (Direct);
Common Stock — 2,994.476 shares (Indirect, By 401(k) Plan)
Key Figures
Equity grant: 2,032 shares
Tax-withholding shares: 6,515 shares
Direct holdings after transactions: 100,097.347 shares
+3 more
6 metrics
Equity grant
2,032 shares
Grant or award of WesBanco common stock
Tax-withholding shares
6,515 shares
Shares delivered to cover tax liabilities
Direct holdings after transactions
100,097.347 shares
Common stock held directly by Jayson M. Zatta
Indirect 401(k) holdings
2,994.476 shares
Common stock held indirectly via 401(k) plan
Tax-withholding price
$34.56 per share
One F-code disposition price for common stock
Additional tax-withholding prices
$33.42–$33.43 per share
Other F-code disposition prices
Key Terms
tax-withholding disposition, Grant, award, or other acquisition, 401(k) Plan, Form 4
4 terms
tax-withholding disposition financial
"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, or other acquisition financial
"transaction_code_description": "Grant, award, or other 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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did WSBC executive Jayson M. Zatta report?
Jayson M. Zatta reported a grant of 2,032 WesBanco common shares and several related tax-withholding dispositions. These F-code transactions used 6,515 shares to cover tax obligations, while his overall direct ownership increased to 100,097.347 shares after the reported activity.
What does the F transaction code mean in this WSBC Form 4?
The F code indicates shares were disposed of to pay an exercise price or tax liability by delivering securities. For WesBanco, 6,515 shares were used this way, meaning these were tax-withholding events rather than open-market sales by Jayson M. Zatta.
Was the WSBC insider activity a stock purchase or a compensation grant?
The activity reflects a compensation-related grant, not an open-market purchase. Jayson M. Zatta received 2,032 WesBanco common shares in a grant or award, recorded at $0.00 per share, consistent with equity compensation rather than a cash-funded stock acquisition.
How significant are the reported WesBanco Form 4 transactions for ownership levels?
The transactions are primarily compensation and tax-withholding events. After receiving 2,032 shares and using 6,515 for taxes, Jayson M. Zatta’s direct holdings stand at 100,097.347 shares, with an additional 2,994.476 shares indirectly held through a 401(k) plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
