WesBanco (WSBC) grants 2,693 RSUs to SEVP Chief Commercial Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hipwell Alisha reported acquisition or exercise transactions in this Form 4 filing.
WesBanco Inc. executive Alisha Hipwell, SEVP and Chief Commercial Officer, received a grant of 2,693 Restricted Stock Units as equity compensation. Each unit represents a contingent right to one share of WesBanco common stock. These RSUs vest in three equal annual installments beginning on May 20, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hipwell Alisha
Role
SEVP - Chief Comm Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,693 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,693 shares (Direct, null)
Footnotes (1)
- Eash Restricted Stock Unit represents a contingent right to receive one share of Wesbanco common stock Restrict Stock Units vest in three equal annual installments beginning May 20, 2027.
Key Figures
RSUs granted: 2,693 units
Grant price per RSU: $0.00
Underlying common shares: 2,693 shares
+3 more
6 metrics
RSUs granted
2,693 units
Restricted Stock Units awarded to SEVP Chief Commercial Officer
Grant price per RSU
$0.00
Equity compensation, not an open-market purchase
Underlying common shares
2,693 shares
Each RSU equals one WesBanco common share
Holdings after grant (RSUs)
2,693 units
Total RSUs held following this award
Vesting start date
May 20, 2027
First installment of three equal annual vesting tranches
Vesting structure
3 equal annual installments
RSUs vest over three years beginning May 20, 2027
Key Terms
Restricted Stock Units, contingent right, vest, equity compensation
4 terms
Restricted Stock Units financial
"Restricted Stock Units vest in three equal annual installments beginning May 20, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Wesbanco common stock"
vest financial
"Restricted Stock Units vest in three equal annual installments beginning May 20, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
equity compensation financial
"received a grant of 2,693 Restricted Stock Units as equity compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What insider transaction did WesBanco (WSBC) report for Alisha Hipwell?
WesBanco reported that executive Alisha Hipwell received 2,693 Restricted Stock Units as equity compensation. These awards give her a contingent right to receive the same number of WesBanco common shares, subject to future vesting conditions and continued service with the company.
How many WesBanco RSUs were granted to Alisha Hipwell in this Form 4?
Alisha Hipwell was granted 2,693 Restricted Stock Units. Each RSU corresponds to one share of WesBanco common stock, providing potential future ownership. The grant reflects compensation rather than an open-market purchase and is structured to vest over multiple years.
When do Alisha Hipwell’s new WesBanco RSUs begin vesting?
The granted Restricted Stock Units begin vesting on May 20, 2027. Vesting occurs in three equal annual installments starting on that date, meaning the award is spread over several years to encourage long-term alignment with WesBanco’s performance and executive retention.
What does each WesBanco Restricted Stock Unit represent in this filing?
Each Restricted Stock Unit represents a contingent right to receive one share of WesBanco common stock. The rights become actual shares only as the RSUs vest over time, according to the schedule starting May 20, 2027, subject to the applicable award conditions.
Is the WesBanco Form 4 transaction a stock purchase or a compensation grant?
The Form 4 transaction is a compensation grant, not an open-market stock purchase. Alisha Hipwell received 2,693 Restricted Stock Units at a grant price of $0.00 per unit, reflecting an equity award provided by WesBanco as part of her executive compensation package.