STOCK TITAN

[8-K] WesBanco, Inc. Reports Material Event

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(Neutral)
Filing Sentiment
(Neutral)
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8-K
Rhea-AI Filing Summary

Keurig Dr Pepper Inc. (KDP) filed a Form 144 indicating that the Robert J. Gamgort 1999 Trust intends to sell 208,000 common shares through Morgan Stanley Smith Barney on or about 29 Jul 2025. At an assumed market price of roughly $32.95 per share, the aggregate value is $6.86 million. KDP has ≈1.36 billion shares outstanding, so the proposed sale represents ≈0.015 % of total shares.

The trust—associated with KDP’s Executive Chairman Robert Gamgort—has already executed two sales under a Rule 10b5-1 trading plan within the past three months:

  • 1 May 2025: 208,000 shares for $7.10 million
  • 2 Jun 2025: 208,000 shares for $6.89 million
Combined with the new notice, the trust’s 3-month disposition totals 624,000 shares (≈0.046 % of KDP’s shares outstanding) for proceeds of roughly $20.8 million.

No purchase-price debt, material adverse information, or non-public information is indicated, and the filer affirms compliance with Rule 144 and 10b5-1 requirements. While the dollar amount is notable, the percentage of float is immaterial and does not, by itself, signal a shift in company fundamentals.

Keurig Dr Pepper Inc. (KDP) ha presentato un Modulo 144 indicando che il Robert J. Gamgort 1999 Trust intende vendere 208.000 azioni ordinarie tramite Morgan Stanley Smith Barney intorno al 29 luglio 2025. Con un prezzo di mercato stimato di circa $32,95 per azione, il valore complessivo è di 6,86 milioni di dollari. KDP ha in circolazione circa 1,36 miliardi di azioni, quindi la vendita proposta rappresenta circa lo 0,015% del totale delle azioni.

Il trust — associato al Presidente Esecutivo di KDP Robert Gamgort — ha già effettuato due vendite nell’ambito di un piano di trading Rule 10b5-1 negli ultimi tre mesi:

  • 1 maggio 2025: 208.000 azioni per 7,10 milioni di dollari
  • 2 giugno 2025: 208.000 azioni per 6,89 milioni di dollari
Insieme alla nuova comunicazione, la disposizione del trust negli ultimi 3 mesi ammonta a 624.000 azioni (circa lo 0,046% delle azioni KDP in circolazione) per un ricavo totale di circa 20,8 milioni di dollari.

Non sono indicati debiti legati al prezzo di acquisto, informazioni negative rilevanti o informazioni non pubbliche, e il presentatore conferma il rispetto delle norme Rule 144 e 10b5-1. Sebbene l’importo in dollari sia significativo, la percentuale rispetto al flottante è trascurabile e non indica da sola un cambiamento nei fondamentali dell’azienda.

Keurig Dr Pepper Inc. (KDP) presentó un Formulario 144 indicando que el Robert J. Gamgort 1999 Trust tiene la intención de vender 208.000 acciones comunes a través de Morgan Stanley Smith Barney alrededor del 29 de julio de 2025. Con un precio de mercado estimado de aproximadamente $32,95 por acción, el valor total es de $6,86 millones. KDP tiene aproximadamente 1.360 millones de acciones en circulación, por lo que la venta propuesta representa alrededor del 0,015% del total de acciones.

El trust — asociado con el Presidente Ejecutivo de KDP Robert Gamgort — ya ha realizado dos ventas bajo un plan de negociación Rule 10b5-1 en los últimos tres meses:

  • 1 de mayo de 2025: 208.000 acciones por $7,10 millones
  • 2 de junio de 2025: 208.000 acciones por $6,89 millones
Sumando el nuevo aviso, la disposición del trust en 3 meses totaliza 624.000 acciones (aproximadamente el 0,046% de las acciones en circulación de KDP) por ingresos de aproximadamente $20,8 millones.

No se indican deudas relacionadas con el precio de compra, información adversa material ni información no pública, y el declarante afirma cumplir con los requisitos de las reglas 144 y 10b5-1. Aunque la cantidad en dólares es notable, el porcentaje del flotante es insignificante y por sí solo no indica un cambio en los fundamentos de la empresa.

Keurig Dr Pepper Inc. (KDP)Robert J. Gamgort 1999 Trust2025년 7월 29일경 Morgan Stanley Smith Barney를 통해 208,000 보통주를 매도할 계획임을 알리는 Form 144를 제출했습니다. 주당 약 $32.95의 예상 시장 가격을 기준으로 총 가치는 약 $686만입니다. KDP는 약 13억 6천만 주가 발행되어 있어, 이번 매도는 전체 주식의 약 0.015%에 해당합니다.

KDP의 집행 의장인 Robert Gamgort와 관련된 이 트러스트는 지난 3개월 동안 Rule 10b5-1 거래 계획에 따라 이미 두 차례 매도를 실행했습니다:

  • 2025년 5월 1일: 208,000주, $710만
  • 2025년 6월 2일: 208,000주, $689만
이번 새 공지까지 포함하면, 트러스트의 3개월간 처분 총량은 624,000주(KDP 발행 주식의 약 0.046%)이며, 총 수익은 약 $2,080만입니다.

구매 가격 관련 부채, 중대한 부정적 정보 또는 비공개 정보는 없으며, 제출자는 Rule 144 및 10b5-1 규정을 준수함을 확인했습니다. 금액은 상당하지만, 유통 주식 대비 비율은 미미하여 단독으로 회사의 기본적 상황 변화 신호로 보기는 어렵습니다.

Keurig Dr Pepper Inc. (KDP) a déposé un formulaire 144 indiquant que le Robert J. Gamgort 1999 Trust a l’intention de vendre 208 000 actions ordinaires via Morgan Stanley Smith Barney aux alentours du 29 juillet 2025. Au prix de marché estimé d’environ 32,95 $ par action, la valeur totale s’élève à 6,86 millions de dollars. KDP compte environ 1,36 milliard d’actions en circulation, donc la vente proposée représente environ 0,015 % du total des actions.

Le trust — lié au Président exécutif de KDP Robert Gamgort — a déjà réalisé deux ventes dans le cadre d’un plan de négociation Rule 10b5-1 au cours des trois derniers mois :

  • 1er mai 2025 : 208 000 actions pour 7,10 millions de dollars
  • 2 juin 2025 : 208 000 actions pour 6,89 millions de dollars
Avec ce nouvel avis, la cession du trust sur 3 mois totalise 624 000 actions (environ 0,046 % des actions en circulation de KDP) pour un produit d’environ 20,8 millions de dollars.

Aucune dette liée au prix d’achat, information défavorable importante ou information non publique n’est mentionnée, et le déclarant affirme se conformer aux exigences des règles 144 et 10b5-1. Bien que le montant en dollars soit notable, le pourcentage du flottant est négligeable et n’indique pas, à lui seul, un changement dans les fondamentaux de l’entreprise.

Keurig Dr Pepper Inc. (KDP) reichte ein Formular 144 ein, in dem angegeben wird, dass der Robert J. Gamgort 1999 Trust beabsichtigt, etwa am 29. Juli 2025 208.000 Stammaktien über Morgan Stanley Smith Barney zu verkaufen. Bei einem angenommenen Marktpreis von etwa $32,95 pro Aktie beläuft sich der Gesamtwert auf 6,86 Millionen US-Dollar. KDP hat etwa 1,36 Milliarden ausstehende Aktien, sodass der vorgeschlagene Verkauf etwa 0,015% des Gesamtbestands entspricht.

Der Trust – verbunden mit KDPs Executive Chairman Robert Gamgort – hat bereits in den letzten drei Monaten zwei Verkäufe im Rahmen eines Rule 10b5-1 Trading Plans durchgeführt:

  • 1. Mai 2025: 208.000 Aktien für 7,10 Millionen US-Dollar
  • 2. Juni 2025: 208.000 Aktien für 6,89 Millionen US-Dollar
Zusammen mit der neuen Meldung beläuft sich die 3-monatige Veräußerung des Trusts auf 624.000 Aktien (ca. 0,046% der ausstehenden KDP-Aktien) mit Erlösen von etwa 20,8 Millionen US-Dollar.

Es sind keine kaufpreisbezogenen Schulden, wesentliche nachteilige Informationen oder nicht öffentliche Informationen angegeben, und der Einreicher bestätigt die Einhaltung der Regelungen von Rule 144 und 10b5-1. Obwohl der Dollarbetrag beachtlich ist, ist der Anteil am Free Float unerheblich und signalisiert für sich genommen keine Veränderung der Unternehmensgrundlagen.

Positive
  • None.
Negative
  • Continued insider selling: Third 208 k-share disposal in three months could be viewed cautiously by some investors despite its small proportional size.

Insights

TL;DR: Insider trust plans to sell 208k KDP shares; small vs. float, neutral fundamental impact.

The filing flags incremental insider selling by Robert Gamgort’s trust. Even after three consecutive 208 k blocks, total disposals are <1 % of Gamgort’s reported holdings and <0.05 % of shares outstanding, limiting supply pressure. Sales occur under a 10b5-1 plan, reducing information-risk concerns. Unless a pattern accelerates or coincides with weak operating metrics, I view this as routine portfolio diversification rather than a bearish signal; therefore market impact is expected to be minimal.

Keurig Dr Pepper Inc. (KDP) ha presentato un Modulo 144 indicando che il Robert J. Gamgort 1999 Trust intende vendere 208.000 azioni ordinarie tramite Morgan Stanley Smith Barney intorno al 29 luglio 2025. Con un prezzo di mercato stimato di circa $32,95 per azione, il valore complessivo è di 6,86 milioni di dollari. KDP ha in circolazione circa 1,36 miliardi di azioni, quindi la vendita proposta rappresenta circa lo 0,015% del totale delle azioni.

Il trust — associato al Presidente Esecutivo di KDP Robert Gamgort — ha già effettuato due vendite nell’ambito di un piano di trading Rule 10b5-1 negli ultimi tre mesi:

  • 1 maggio 2025: 208.000 azioni per 7,10 milioni di dollari
  • 2 giugno 2025: 208.000 azioni per 6,89 milioni di dollari
Insieme alla nuova comunicazione, la disposizione del trust negli ultimi 3 mesi ammonta a 624.000 azioni (circa lo 0,046% delle azioni KDP in circolazione) per un ricavo totale di circa 20,8 milioni di dollari.

Non sono indicati debiti legati al prezzo di acquisto, informazioni negative rilevanti o informazioni non pubbliche, e il presentatore conferma il rispetto delle norme Rule 144 e 10b5-1. Sebbene l’importo in dollari sia significativo, la percentuale rispetto al flottante è trascurabile e non indica da sola un cambiamento nei fondamentali dell’azienda.

Keurig Dr Pepper Inc. (KDP) presentó un Formulario 144 indicando que el Robert J. Gamgort 1999 Trust tiene la intención de vender 208.000 acciones comunes a través de Morgan Stanley Smith Barney alrededor del 29 de julio de 2025. Con un precio de mercado estimado de aproximadamente $32,95 por acción, el valor total es de $6,86 millones. KDP tiene aproximadamente 1.360 millones de acciones en circulación, por lo que la venta propuesta representa alrededor del 0,015% del total de acciones.

El trust — asociado con el Presidente Ejecutivo de KDP Robert Gamgort — ya ha realizado dos ventas bajo un plan de negociación Rule 10b5-1 en los últimos tres meses:

  • 1 de mayo de 2025: 208.000 acciones por $7,10 millones
  • 2 de junio de 2025: 208.000 acciones por $6,89 millones
Sumando el nuevo aviso, la disposición del trust en 3 meses totaliza 624.000 acciones (aproximadamente el 0,046% de las acciones en circulación de KDP) por ingresos de aproximadamente $20,8 millones.

No se indican deudas relacionadas con el precio de compra, información adversa material ni información no pública, y el declarante afirma cumplir con los requisitos de las reglas 144 y 10b5-1. Aunque la cantidad en dólares es notable, el porcentaje del flotante es insignificante y por sí solo no indica un cambio en los fundamentos de la empresa.

Keurig Dr Pepper Inc. (KDP)Robert J. Gamgort 1999 Trust2025년 7월 29일경 Morgan Stanley Smith Barney를 통해 208,000 보통주를 매도할 계획임을 알리는 Form 144를 제출했습니다. 주당 약 $32.95의 예상 시장 가격을 기준으로 총 가치는 약 $686만입니다. KDP는 약 13억 6천만 주가 발행되어 있어, 이번 매도는 전체 주식의 약 0.015%에 해당합니다.

KDP의 집행 의장인 Robert Gamgort와 관련된 이 트러스트는 지난 3개월 동안 Rule 10b5-1 거래 계획에 따라 이미 두 차례 매도를 실행했습니다:

  • 2025년 5월 1일: 208,000주, $710만
  • 2025년 6월 2일: 208,000주, $689만
이번 새 공지까지 포함하면, 트러스트의 3개월간 처분 총량은 624,000주(KDP 발행 주식의 약 0.046%)이며, 총 수익은 약 $2,080만입니다.

구매 가격 관련 부채, 중대한 부정적 정보 또는 비공개 정보는 없으며, 제출자는 Rule 144 및 10b5-1 규정을 준수함을 확인했습니다. 금액은 상당하지만, 유통 주식 대비 비율은 미미하여 단독으로 회사의 기본적 상황 변화 신호로 보기는 어렵습니다.

Keurig Dr Pepper Inc. (KDP) a déposé un formulaire 144 indiquant que le Robert J. Gamgort 1999 Trust a l’intention de vendre 208 000 actions ordinaires via Morgan Stanley Smith Barney aux alentours du 29 juillet 2025. Au prix de marché estimé d’environ 32,95 $ par action, la valeur totale s’élève à 6,86 millions de dollars. KDP compte environ 1,36 milliard d’actions en circulation, donc la vente proposée représente environ 0,015 % du total des actions.

Le trust — lié au Président exécutif de KDP Robert Gamgort — a déjà réalisé deux ventes dans le cadre d’un plan de négociation Rule 10b5-1 au cours des trois derniers mois :

  • 1er mai 2025 : 208 000 actions pour 7,10 millions de dollars
  • 2 juin 2025 : 208 000 actions pour 6,89 millions de dollars
Avec ce nouvel avis, la cession du trust sur 3 mois totalise 624 000 actions (environ 0,046 % des actions en circulation de KDP) pour un produit d’environ 20,8 millions de dollars.

Aucune dette liée au prix d’achat, information défavorable importante ou information non publique n’est mentionnée, et le déclarant affirme se conformer aux exigences des règles 144 et 10b5-1. Bien que le montant en dollars soit notable, le pourcentage du flottant est négligeable et n’indique pas, à lui seul, un changement dans les fondamentaux de l’entreprise.

Keurig Dr Pepper Inc. (KDP) reichte ein Formular 144 ein, in dem angegeben wird, dass der Robert J. Gamgort 1999 Trust beabsichtigt, etwa am 29. Juli 2025 208.000 Stammaktien über Morgan Stanley Smith Barney zu verkaufen. Bei einem angenommenen Marktpreis von etwa $32,95 pro Aktie beläuft sich der Gesamtwert auf 6,86 Millionen US-Dollar. KDP hat etwa 1,36 Milliarden ausstehende Aktien, sodass der vorgeschlagene Verkauf etwa 0,015% des Gesamtbestands entspricht.

Der Trust – verbunden mit KDPs Executive Chairman Robert Gamgort – hat bereits in den letzten drei Monaten zwei Verkäufe im Rahmen eines Rule 10b5-1 Trading Plans durchgeführt:

  • 1. Mai 2025: 208.000 Aktien für 7,10 Millionen US-Dollar
  • 2. Juni 2025: 208.000 Aktien für 6,89 Millionen US-Dollar
Zusammen mit der neuen Meldung beläuft sich die 3-monatige Veräußerung des Trusts auf 624.000 Aktien (ca. 0,046% der ausstehenden KDP-Aktien) mit Erlösen von etwa 20,8 Millionen US-Dollar.

Es sind keine kaufpreisbezogenen Schulden, wesentliche nachteilige Informationen oder nicht öffentliche Informationen angegeben, und der Einreicher bestätigt die Einhaltung der Regelungen von Rule 144 und 10b5-1. Obwohl der Dollarbetrag beachtlich ist, ist der Anteil am Free Float unerheblich und signalisiert für sich genommen keine Veränderung der Unternehmensgrundlagen.

0000203596false0000203596us-gaap:CommonStockMember2025-07-292025-07-290000203596wsbc:DepositarySharesMember2025-07-292025-07-2900002035962025-07-292025-07-29

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

  Date of Report (Date of earliest event reported): July 29, 2025

 

 

WESBANCO, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

West Virginia

001-39442

55-0571723

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

1 Bank Plaza

 

Wheeling, West Virginia

 

26003

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 304 234-9000

 

 

Former Name or Former Address, if Changed Since Last Report: Not Applicable

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock $2.0833 Par Value

 

WSBC

 

Nasdaq Global Select Market

Depositary Shares (each representing 1/40th interest in a share of 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A)

 

WSBCP

 

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 2.02 Results of Operations and Financial Condition.

Wesbanco, Inc. issued a press release and earnings call presentation today announcing earnings for the three and six months ended June 30, 2025. The press release is attached as Exhibit 99.1 and the earnings call presentation is attached as Exhibit 99.2 to this report.

 

Wesbanco, Inc. will host a conference call to discuss the Company's financial results for the second quarter of 2025 on Wednesday, July 30, 2025 at 9:00 a.m. ET.

 

Interested parties can access the live webcast of the conference call through the Investor Relations section of the Company's website, www.wesbanco.com. Participants can also listen to the conference call by dialing 888-347-6607, 855-669-9657 for Canadian callers, or 1-412-902-4290 for international callers, and asking to be joined into the Wesbanco call. Please log in or dial in at least 10 minutes prior to the start time to ensure a connection.

 

A replay of the conference call will be available by dialing 877-344-7529, 855-669-9658 for Canadian callers, or 1-412-317-0088 for international callers, and providing the access code of 5130124. The replay will begin at approximately 11:00 a.m. ET on July 30, 2025 and end at 12 a.m. ET on August 13, 2025. An archive of the webcast will be available for one year on the Investor Relations section of the Company’s website (www.wesbanco.com).

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits:

99.1 - Press release dated July 29, 2025 announcing earnings for the three and six months ended June 30, 2025.

 

99.2 - Second quarter 2025 earnings conference call presentation.

 

104 – Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

Wesbanco, Inc.
(registrant)

 

 

 

 

Date:

July 29, 2025

 

/s/ Daniel K. Weiss, Jr.

 

 

 

Daniel K. Weiss, Jr.
Senior Executive Vice President and
Chief Financial Officer
 

 


FAQ

How many Keurig Dr Pepper (KDP) shares are being proposed for sale in this Form 144?

The notice covers 208,000 common shares.

What is the estimated market value of the shares to be sold?

Based on the filing, the aggregate value is about $6.86 million.

Who is selling the shares and under what plan?

The Robert J. Gamgort 1999 Trust is selling under a Rule 10b5-1 trading plan.

What proportion of KDP’s total shares does the proposed sale represent?

Approximately 0.015 % of the ≈1.36 billion shares outstanding.

Have there been other recent insider sales by the same trust?

Yes. The trust sold 208,000 shares on 1 May 2025 and 208,000 shares on 2 Jun 2025 for combined proceeds of ~$14 million.
Wesbanco

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