WesBanco (WSBC) CEO awarded 6,283 Restricted Stock Units in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jackson Jeffrey H reported acquisition or exercise transactions in this Form 4 filing.
WesBanco Inc. President & CEO Jeffrey H. Jackson received a grant of 6,283 Restricted Stock Units on May 20, 2026. Each unit represents a contingent right to receive one share of WesBanco common stock. After this award, he holds 45,800 RSUs directly, vesting in three equal annual installments beginning May 20, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Jeffrey H
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,283 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 45,800 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Wesbanco common stock Restrict Stock Units vest in three equal annual installments beginning May 20, 2027.
Key Figures
RSUs granted: 6,283 units
RSU holdings after grant: 45,800 units
Grant price per RSU: $0.00 per unit
+2 more
5 metrics
RSUs granted
6,283 units
Restricted Stock Units granted May 20, 2026
RSU holdings after grant
45,800 units
Total Restricted Stock Units following transaction
Grant price per RSU
$0.00 per unit
Compensation award, no purchase price paid
Underlying common shares
6,283 shares
Common stock underlying the new RSU award
Vesting start date
May 20, 2027
First of three equal annual vesting installments
Key Terms
Restricted Stock Units, contingent right, vest, Common Stock
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Wesbanco common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
vest financial
"Restrict Stock Units vest in three equal annual installments beginning May 20, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"underlying_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.
FAQ
What insider transaction did WesBanco (WSBC) report for Jeffrey H. Jackson?
WesBanco reported that President & CEO Jeffrey H. Jackson received 6,283 Restricted Stock Units as a compensation grant. These RSUs give him a contingent right to receive the same number of WesBanco common shares if vesting conditions are met.
How many Restricted Stock Units did the WesBanco CEO hold after this Form 4 filing?
After the reported grant, Jeffrey H. Jackson held 45,800 Restricted Stock Units directly. This total reflects the newly awarded 6,283 RSUs added to his prior balance, as disclosed in the Form 4 transaction details for derivative securities.
When do Jeffrey H. Jackson’s new WesBanco RSUs begin vesting?
The newly granted WesBanco Restricted Stock Units begin vesting on May 20, 2027. According to the footnotes, they vest in three equal annual installments, meaning portions of the award become deliverable as common stock over three consecutive years.
What does each WesBanco Restricted Stock Unit represent in this Form 4?
Each Restricted Stock Unit represents a contingent right to receive one share of WesBanco common stock. The units themselves are derivatives that convert into common shares only upon vesting and satisfaction of the award’s terms over the specified schedule.
Was the WesBanco CEO’s RSU transaction a market buy or sell?
The transaction was a grant or award acquisition, not a market buy or sell. The Form 4 uses transaction code "A" for an award, meaning the company granted 6,283 RSUs to Jeffrey H. Jackson as part of his compensation package.