WesBanco (WSBC) HR executive awarded 5,655 Restricted Stock Units set to vest from 2027
Rhea-AI Filing Summary
WesBanco Inc. reported that executive Kimberly L. Griffith, SEVP – Human Resources, received a grant of 5,655 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of WesBanco common stock, giving her 5,655 RSUs outstanding after the transaction.
The RSUs were awarded as compensation rather than through an open‑market purchase and carry no exercise price. They are scheduled to vest in three equal annual installments beginning on May 20, 2027, meaning the actual common shares will be delivered over time as vesting conditions are met.
Positive
- None.
Negative
- None.
Insights
Routine compensation RSU grant to WesBanco HR executive, with vesting through 2029.
The filing shows 5,655 Restricted Stock Units granted to SEVP – Human Resources Kimberly L. Griffith as equity compensation. RSUs are deferred stock awards that convert into common shares over time if service or other conditions are satisfied.
The grant vests in three equal annual installments starting on May 20, 2027, spreading delivery of common stock over three years. There is no exercise price, so value to the executive depends directly on WesBanco’s future share price when units vest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,655 | $0.00 | $0.00 |
Footnotes (2)
- F1. Eash Restricted Stock Unit represents a contingent right to receive one share of Wesbanco common stock
- F2. Restrict Stock Units vest in three equal annual installments beginning May 20, 2027.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vest in three equal annual installments financial
Grant, award, or other acquisition financial
FAQ
What did WesBanco (WSBC) report in this Form 4 for Kimberly L. Griffith?
How many Restricted Stock Units were granted to the WesBanco executive in this filing?
Is the WesBanco (WSBC) Form 4 transaction an open-market stock purchase or a compensation award?
When do Kimberly L. Griffith’s WesBanco Restricted Stock Units vest?
What does each WesBanco Restricted Stock Unit represent in this Form 4?
How many WesBanco RSUs does the executive hold after this Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.