WesBanco (WSBC) CEO Jeffrey Jackson awarded 39,517 restricted stock units
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 39,517 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of WesBanco common stock. Following this award, his reported holdings of these RSUs total 39,517 units.
The RSUs vest in three equal annual installments beginning on May 20, 2027, aligning the CEO’s compensation with the company’s long-term performance. This is a compensation-related equity award rather than an open-market stock purchase or sale.
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 | 39,517 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 39,517 shares (Direct, null)
Footnotes (1)
- Eash 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: 39,517 units
RSU grant price: $0.0000 per unit
RSUs after transaction: 39,517 units
+2 more
5 metrics
RSUs granted
39,517 units
Restricted Stock Units granted to President & CEO on May 20, 2026
RSU grant price
$0.0000 per unit
Compensation-related grant, no cash paid by CEO
RSUs after transaction
39,517 units
Total Restricted Stock Units held following the award
Underlying common shares
39,517 shares
Each RSU represents one share of WesBanco common stock
Vesting schedule start
May 20, 2027
Three equal annual installments beginning on this date
Key Terms
Restricted Stock Units, contingent right, grant/award acquisition, vesting
4 terms
Restricted Stock Units financial
"Restricted Stock Units vest in three equal annual installments beginning May 20, 2027."
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 of Wesbanco common stock"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
vesting financial
"Restricted Stock Units vest in three equal annual installments beginning May 20, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did WesBanco (WSBC) report for CEO Jeffrey H. Jackson?
WesBanco reported that President & CEO Jeffrey H. Jackson received a grant of 39,517 Restricted Stock Units. These equity awards are part of his compensation and give him rights to future WesBanco common shares, subject to vesting conditions over time.
How many WesBanco (WSBC) Restricted Stock Units were granted to the CEO?
Jeffrey H. Jackson was granted 39,517 Restricted Stock Units. After this award, his reported holdings in these RSUs total 39,517 units, representing potential future shares of WesBanco common stock if vesting conditions are met under the grant terms.
When do Jeffrey H. Jackson’s WesBanco (WSBC) RSUs vest?
The Restricted Stock Units vest in three equal annual installments beginning on May 20, 2027. This multi-year vesting schedule is designed to tie the CEO’s compensation to WesBanco’s longer-term performance and encourage retention and sustained value creation.
Does the WesBanco (WSBC) CEO Form 4 show a stock purchase or sale?
The Form 4 shows a grant of Restricted Stock Units, not an open-market stock purchase or sale. It is coded as a grant, award, or other acquisition, reflecting compensation rather than a discretionary trading decision in WesBanco’s common shares.
What does each WesBanco (WSBC) Restricted Stock Unit granted to the CEO represent?
Each Restricted Stock Unit granted to Jeffrey H. Jackson represents a contingent right to receive one share of WesBanco common stock. Delivery of these shares depends on the RSUs vesting according to the schedule starting May 20, 2027, and any plan conditions.