STOCK TITAN

WSBC Director Purchases 8,000 Series B Depositary Shares in Offering

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Todd Clossin, a director of WesBanco, Inc., purchased 8,000 depositary shares on 09/17/2025 at $25 each in an underwritten public offering. Each depositary share represents a 1/40th interest in a share of WesBanco27s 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B. After the purchase Mr. Clossin beneficially owned 8,000 depositary shares reported as direct ownership. The Form 4 was filed as a single reporting person and signed by an attorney-in-fact on 09/18/2025.

Positive

  • Director purchase disclosed showing insider acquisition of depositary shares in an underwritten offering
  • Acquisition of fixed-rate preferred exposure via 7.375% Series B depositary shares, which provide specified dividend terms as stated

Negative

  • None.

Insights

TL;DR: A director purchased preferred depositary shares in an underwritten offering, signaling direct ownership accumulation in company preferred securities.

The filing shows a director-level insider acquired 8,000 depositary shares at $25 each in an underwritten public offering of WesBanco27s 7.375% Series B preferred via depositary receipts. This is a purchase of preferred-equivalent securities rather than common stock, which provides fixed-rate dividend exposure. The size and nature of the purchase are disclosed but the filing does not state the dollar value relative to the director27s holdings or the company27s market capitalization, so materiality to valuation cannot be assessed from the document alone.

TL;DR: Director participation in the offering is a routine disclosure; it documents direct ownership in a preferred security class.

The Form 4 documents a standard Section 16 filing for an insider acquiring depositary shares representing interests in Series B preferred stock. The report clarifies ownership form as direct and notes the instrument27s structure (1/40th interest per depositary share). The filing includes an attorney-in-fact signature and complies with Form 4 formatting. No executive compensation changes or governance actions are disclosed in this document.

Insider Clossin Todd
Role Director
Bought 8,000 shs ($200K)
Type Security Shares Price Value
Purchase Depositary Shares B 8,000 $25.00 $200K
Holdings After Transaction: Depositary Shares B — 8,000 shares (Direct)
Footnotes (1)
  1. [object Object]
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*
Clossin Todd

(Last) (First) (Middle)
C/O WESBANCO, INC.
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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025
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
Depositary Shares B(1) 09/17/2025 P 8,000 A $25 8,000 D
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:
1. Each depositary share represents a 1/40th interest in a share of WesBanco, Inc.'s 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B no par value per share. The depositary shares were purchased in an underwritten public offering.
/s/ Daniel K. Weiss, Attorney-in-Fact 09/18/2025
** 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

What did WesBanco insider Todd Clossin purchase (WSBCV)?

Todd Clossin purchased 8,000 depositary shares on 09/17/2025 at a price of $25 per depositary share.

What does each depositary share represent for WesBanco27s Series B preferred?

Each depositary share represents a 1/40th interest in a share of WesBanco27s 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B.

Was the purchase part of a public offering or a private transaction?

The depositary shares were purchased in an underwritten public offering, as stated in the Form 4 explanation.

How many depositary shares does Mr. Clossin beneficially own after the transaction?

He beneficially owns 8,000 depositary shares following the reported transaction, listed as direct ownership.

When was the Form 4 filed and who signed it?

The Form 4 reports the transaction dated 09/17/2025 and is signed by an attorney-in-fact, Daniel K. Weiss, dated 09/18/2025.