Director adds 2,417 WesBanco (WSBC) shares through equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fitzsimmons Robert J reported acquisition or exercise transactions in this Form 4 filing.
WesBanco Inc. director Robert J. Fitzsimmons received a grant of 2,417 shares of Common Stock. The award was recorded at a price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase. Following this grant, his direct holdings total 55,302.643 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fitzsimmons Robert J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,417 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 55,302.643 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 2,417 shares
Grant price: $0.00 per share
Holdings after transaction: 55,302.643 shares
+1 more
4 metrics
Shares granted
2,417 shares
Common Stock grant on transaction date
Grant price
$0.00 per share
Recorded transaction price for the award
Holdings after transaction
55,302.643 shares
Direct Common Stock holdings following grant
Transaction direction
acquire
Classified as grant/award acquisition (code A)
Key Terms
Form 4, Common Stock, Grant, award, or other acquisition
3 terms
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.
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""
FAQ
What insider transaction did WesBanco (WSBC) director Robert J. Fitzsimmons report?
Robert J. Fitzsimmons reported receiving a grant of 2,417 WesBanco Common Stock shares. The shares were awarded at a recorded price of $0.00 per share, reflecting a compensation-related grant. After this transaction, his direct holdings increased to 55,302.643 shares.
Was the WesBanco (WSBC) Form 4 transaction an open-market purchase or a grant?
The WesBanco transaction was a grant, not an open-market purchase. The Form 4 lists the transaction code as a “Grant, award, or other acquisition” with a price of $0.00 per share, indicating compensation rather than shares bought on the market.
What does transaction code A mean in the WesBanco (WSBC) Form 4 filing?
In this WesBanco filing, transaction code A stands for a “Grant, award, or other acquisition.” It shows that 2,417 Common Stock shares were awarded to Robert J. Fitzsimmons as a compensation-related grant, rather than bought or sold on the open market.
Is the WesBanco (WSBC) Form 4 transaction classified as a buy or sell?
The WesBanco Form 4 transaction is classified as an acquisition through grant, not a buy or sell. The structured data identifies the direction as “acquire” and describes the event as a grant or award of 2,417 Common Stock shares at $0.00 per share.