WesBanco (WSBC) director Lee J. Burdman adds 3,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WesBanco Inc. director Lee J. Burdman reported an open-market purchase of 3,000 shares of Common Stock at $33.60 per share on April 23, 2026. Following this transaction, he holds 46,771.543 shares directly.
The filing also lists indirect holdings in WesBanco stock through related entities, including 1,907.652 shares held by a spouse trust, 3,900.220 shares in a spouse 401(k), 5,726.061 shares held by Purple Burd LP, and 13,955.000 shares held by KB Kidz LP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,000 shares ($100,800)
Net Buy
5 txns
Insider
Burdman Lee J.
Role
null
Bought
3,000 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,000 | $33.60 | $101K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 46,771.543 shares (Direct, null);
Common Stock — 13,955 shares (Indirect, By KB Kidz LP)
Footnotes (1)
Key Figures
Shares purchased: 3,000 shares
Purchase price: $33.60 per share
Direct holdings after transaction: 46,771.543 shares
+4 more
7 metrics
Shares purchased
3,000 shares
Open-market purchase on April 23, 2026
Purchase price
$33.60 per share
Price for 3,000-share Common Stock buy
Direct holdings after transaction
46,771.543 shares
Common Stock directly held after April 23, 2026
Spouse trust holdings
1,907.652 shares
Indirect ownership via spouse trust
Spouse 401(k) holdings
3,900.220 shares
Indirect ownership via spouse 401(k)
Purple Burd LP holdings
5,726.061 shares
Indirect ownership via Purple Burd LP
KB Kidz LP holdings
13,955.000 shares
Indirect ownership via KB Kidz LP
Key Terms
open-market purchase, Common Stock, indirect ownership, Form 4, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"security_title: "Common Stock""
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.
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership entries"
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.
401k financial
"nature_of_ownership: "By Spouse 401k""
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
FAQ
What did WesBanco (WSBC) director Lee J. Burdman do in this Form 4 filing?
Lee J. Burdman reported buying WesBanco shares. He completed an open-market purchase of 3,000 shares of WesBanco Common Stock at $33.60 per share, increasing his direct ownership to 46,771.543 shares as of April 23, 2026.
Was the WesBanco (WSBC) transaction by Lee J. Burdman an open-market trade?
Yes, the 3,000-share transaction was an open-market purchase. The Form 4 describes the activity as an open-market purchase of WesBanco Common Stock at $33.60 per share on April 23, 2026.
Does Lee J. Burdman’s Form 4 include any sales of WesBanco (WSBC) stock?
No sales of WesBanco shares are reported. The filing shows one open-market purchase of 3,000 shares and several holdings entries, with the transaction summary indicating net-buy activity and no reported share sales.