WesBanco (WSBC) director receives 2,417-share stock grant, holds 44,299
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Proctor Gregory S JR reported acquisition or exercise transactions in this Form 4 filing.
WesBanco Inc. director Gregory S. Proctor Jr. received a grant of 2,417 shares of Common Stock on April 23, 2026. The shares were awarded at a price of $0.00 per share, indicating compensation rather than an open-market purchase. Following this award, his directly held Common Stock position increased to 44,298.934 shares, showing a routine, compensation-related addition to his existing holdings rather than a discretionary market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Proctor Gregory S JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,417 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 44,298.934 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 2,417 shares
Grant price per share: $0.00 per share
Shares held after transaction: 44,298.934 shares
+1 more
4 metrics
Shares granted
2,417 shares
Common Stock grant on April 23, 2026
Grant price per share
$0.00 per share
Recorded value for the 2,417-share award
Shares held after transaction
44,298.934 shares
Direct Common Stock holdings following the grant
Acquire transactions in filing
1 transaction
Single grant, award, or other acquisition reported
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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
What insider transaction did WesBanco (WSBC) report for Gregory S. Proctor Jr.?
WesBanco reported that director Gregory S. Proctor Jr. received a grant of 2,417 shares of Common Stock as compensation. The award was recorded at $0.00 per share, indicating it was not an open-market purchase but a stock-based grant.
Was the WesBanco (WSBC) insider transaction a stock purchase or a grant?
The transaction was a stock grant, not a market purchase. The Form 4 uses transaction code “A” for a grant, award, or other acquisition, and the 2,417 Common Stock shares were recorded at a price of $0.00 per share.
Is the WesBanco (WSBC) insider grant to Gregory S. Proctor Jr. a routine compensation event?
The filing characterizes the transaction as a “grant, award, or other acquisition” of 2,417 shares at $0.00 per share. That language and pricing are consistent with routine equity-based director compensation rather than a discretionary market trade.