Director at WESBANCO (WSBC) receives 7,084-share stock grant and updates IRA holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESBANCO INC director KNOX D BRUCE reported an equity award of company stock. On March 4, 2026, the director acquired 7,084 shares of Common Stock as a grant or award at a stated price of $0.00 per share, increasing his directly held stake to 43,399.646 shares.
The filing also lists an indirect ownership position of 1,982 shares of Common Stock held “By IRA” following the reported date. This entry reflects holdings in an individual retirement account rather than a new purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KNOX D BRUCE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,084 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 43,399.646 shares (Direct);
Common Stock — 1,982 shares (Indirect, By IRA)
Footnotes (1)
FAQ
What insider transaction did WESBANCO INC (WSBC) director KNOX D BRUCE report?
Director KNOX D BRUCE reported acquiring 7,084 shares of WESBANCO INC Common Stock as a stock grant or award. The transaction used code “A,” indicating a grant, with a stated price of $0.00 per share, reflecting non-cash compensation rather than an open-market purchase.
Was the WESBANCO INC (WSBC) Form 4 transaction a stock purchase or an award?
The transaction was an award, not an open-market purchase. The Form 4 uses transaction code “A,” described as a grant, award, or other acquisition, and shows a transaction price of $0.0000 per share, consistent with stock-based compensation rather than a cash-funded purchase.
What does the indirect IRA holding mean in the WESBANCO INC (WSBC) Form 4?
The Form 4 lists 1,982 WESBANCO INC shares as indirectly owned “By IRA.” This indicates shares held in an individual retirement account associated with the reporting person. It reflects the ownership structure, not necessarily a new trade on the reported date.
What is the significance of transaction code “A” in the WESBANCO INC (WSBC) Form 4?
Transaction code “A” in this Form 4 is defined as a grant, award, or other acquisition. For KNOX D BRUCE, it records 7,084 Common Stock shares awarded at a stated price of $0.0000, indicating compensation-related stock issuance rather than a typical market transaction.