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WSBC Form 4: Director Acquisition of 8,000 Depositary Shares in Offering

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

Rhea-AI Filing Summary

Nelson F. Eric Jr., a director of WesBanco, Inc., purchased 8,000 depositary shares on 09/17/2025 at $25.00 per depositary share, resulting in beneficial ownership of 8,000 depositary shares following the transaction. Each depositary share represents a 1/40th interest in WesBanco's 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, so the 8,000 depositary shares correspond to an economic interest equal to 200 preferred shares. The depositary shares were purchased in an underwritten public offering. The Form 4 was signed by an attorney-in-fact on 09/18/2025.

Positive

  • Insider acquisition documented: Reporting person purchased 8,000 depositary shares in an underwritten public offering.
  • Clear post-transaction ownership: Beneficial ownership reported as 8,000 depositary shares following the purchase.
  • Transparent filing: Transaction and structure of depositary shares (1/40th interest in Series B preferred) are explicitly disclosed.

Negative

  • None.

Insights

TL;DR: Director purchase of 8,000 depositary shares (equivalent to 200 preferred shares) in a public offering; routine disclosure.

The filing documents a straightforward acquisition by a company director in an underwritten public offering. The reported price is $25.00 per depositary share and the post-transaction holding is 8,000 depositary shares. For investors, this is a transparent disclosure of insider activity; the filing does not provide operational or financial performance data to assess impact on valuation.

TL;DR: Routine Section 16 filing showing beneficial ownership change by a director following a public offering.

The Form 4 identifies Nelson F. Eric Jr. as the reporting person and confirms acquisition of depositary shares representing interests in Series B preferred stock. The transaction was executed through an underwritten offering and was timely reported. This is a standard disclosure that satisfies insider reporting obligations; it contains no governance concerns or departures from typical reporting practices.

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*
NELSON F ERIC JR

(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 director Nelson F. Eric Jr. purchase according to the Form 4?

He purchased 8,000 depositary shares of WesBanco, each representing a 1/40th interest in the 7.375% Series B preferred stock.

What was the transaction date and price for the WSBCV Form 4 purchase?

The transaction occurred on 09/17/2025 at a price of $25.00 per depositary share.

How many preferred shares do the 8,000 depositary shares represent?

Each depositary share equals 1/40th of a preferred share, so 8,000 depositary shares correspond to an economic interest equivalent to 200 preferred shares.

How was the transaction executed according to the filing?

The depositary shares were purchased in an underwritten public offering.

When was the Form 4 signed and filed?

The signature by an attorney-in-fact is dated 09/18/2025, reflecting timely reporting after the 09/17/2025 transaction.
WESBANCO INC D/S SER B

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