STOCK TITAN

WesBanco insider Form 4: routine award, tax sell-off at ~$32

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

On 6 June 2025, WesBanco Inc. (ticker provided: WSBCP) Senior EVP & CFO Daniel K. Weiss filed a Form 4 disclosing four same-day transactions in the company’s common stock.

  • Acquisition: 435 shares received at $0 cost (code A), most likely the vesting of a restricted-stock award.
  • Dispositions for tax withholding: 55, 67 and 2,265 shares withheld at $32.07, $31.44 and $32.13 (code F).

Following these transactions Mr. Weiss owns 46,078.924 shares directly and 3,657.19 shares indirectly via the 401(k) plan. The net change is a reduction of 1,952 shares (≈4 % of his direct holdings). Because code F indicates issuer-withheld shares to satisfy taxes, the moves do not represent open-market selling pressure. His aggregate stake remains substantial, limiting any negative signalling effect.

Positive

  • CFO retains a sizable stake of 46,078.924 shares, maintaining alignment with shareholders.
  • No open-market sales; all dispositions coded ‘F’ were tax withholdings, typically viewed as non-bearish.

Negative

  • Net reduction of 1,952 shares (≈4 % of direct ownership) modestly lowers insider exposure.

Insights

TL;DR—Tax-withholding, not open-market selling; neutral impact.

The filing shows routine equity award vesting. While the CFO’s direct holdings fall by roughly 4 %, the reduction stems from mandatory share withholding (code F), which is generally non-informative regarding insider sentiment. The small, cost-free award of 435 shares underscores ongoing equity-based compensation. Net effect on float and insider alignment is minimal; therefore I classify the event as neutral.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Daniel K Weiss

(Last) (First) (Middle)
C/O WESBANCO
ONE BANK PLAZA

(Street)
WHEELING WV 26003

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WESBANCO INC [ WSBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SEVP & Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/05/2025 A 435 A $0 48,465.924 D
Common Stock 06/05/2025 F 55 D $32.07 48,410.924 D
Common Stock 06/05/2025 F 67 D $31.44 48,343.924 D
Common Stock 06/05/2025 F 2,265 D $32.13 46,078.924 D
Common Stock 3,657.19 I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Jeffrey H. Jackson, Attorney-in-Fact 07/23/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many WesBanco (WSBCP) shares did the CFO acquire?

He received 435 shares at no cost, likely from a restricted-stock vesting.

How many shares were disposed and why?

A total of 2,387 shares were surrendered at ≈$32 per share to cover tax obligations (code F).

What is the CFO’s current ownership after the Form 4 filing?

Direct: 46,078.924 shares; Indirect (401(k)): 3,657.19 shares.

Does this Form 4 signal insider selling pressure?

Unlikely; the dispositions were issuer-withheld for taxes, not open-market sales.

When were the transactions executed?

All reported trades occurred on 06/05/2025.
Wesbanco

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