[Form 4] WESBANCO INC Insider Trading Activity
WesBanco, Inc. SEVP & Chief Financial Officer Daniel K. Weiss reported buying 4,000 depositary shares on 09/17/2025 at a price of $25 per depositary share, resulting in beneficial ownership of 4,000 depositary shares. Each depositary share represents a 1/40th interest in WesBanco's 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B. The depositary shares were purchased in an underwritten public offering. The Form 4 was signed by an attorney-in-fact on 09/18/2025.
- Officer purchase disclosed: SEVP & Chief Financial Officer Daniel K. Weiss purchased 4,000 depositary shares.
- Purchase in registered offering: The depositary shares were acquired in an underwritten public offering, as stated.
- None.
Insights
TL;DR: A senior executive purchased 4,000 depositary shares in an underwritten offering, a factual insider buy without disclosed material stake change.
The reported transaction shows the SEVP & Chief Financial Officer acquired 4,000 depositary shares representing interests in Series B preferred stock at $25 each. The filing confirms the purchase was executed in an underwritten public offering and that post-transaction beneficial ownership for the reporting line is 4,000 depositary shares. The filing does not disclose the percentage of total outstanding shares or any sale/disposition of other holdings, so the market ownership impact cannot be quantified from this Form 4 alone.
TL;DR: Officer participation in the offering is documented; the filing provides transparent disclosure but no governance action or policy change.
The Form 4 documents a straightforward purchase by an officer in a registered offering and includes the required explanation that each depositary share equals a 1/40th interest in the Series B preferred. Signature by an attorney-in-fact is provided. There is no information in the filing about changes to insider reporting status, beneficial ownership percentages relative to outstanding shares, or any related-party arrangements.