WesBanco (WSBC) director redeems 4,000 preferred depositary shares
Rhea-AI Filing Summary
WesBanco, Inc. (WSBC) reported a Form 4 transaction by a director involving depositary shares linked to its 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. On 11/17/2025, the director disposed of 4,000 depositary shares at a price of $25 per share, leaving 0 shares beneficially owned on a direct basis. According to the explanation, these depositary shares, each representing a 1/40th interest in a share of the Series A preferred stock, were called for redemption by the issuer.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Depositary Shares | 4,000 | $25.00 | $100K |
Footnotes (1)
- F1. The depositary shares, represented by a 1/40th interest in a share of WesBanco, Inc.'s 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, no par value per share, were called for redemption by the issuer.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WesBanco (WSBC) report in this Form 4?
The filing shows that a director of WesBanco, Inc. disposed of 4,000 depositary shares tied to the company’s 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A.
On what date did the WesBanco (WSBC) director’s transaction occur?
The transaction took place on 11/17/2025, as disclosed in Table I of the filing.
What type of security is involved in this WesBanco (WSBC) Form 4?
The security is depositary shares, each representing a 1/40th interest in a share of WesBanco, Inc.’s 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A.
AI-generated analysis. How Rhea-AI works. Not financial advice.