Form 4: Wesbanco Director Clossin Acquires Shares
SEC Form 4
Director Todd Clossin acquired 1,828 shares of Wesbanco Inc. common stock on April 18, 2024.
Summary
- On April 18, 2024, Todd Clossin, a director of Wesbanco Inc., acquired 1,828 shares of common stock.
- The acquisition was a direct transaction.
- Following the transaction, Clossin directly owns 148,633.193 shares of Wesbanco Inc. common stock.
- Clossin also indirectly owns 4,822.948 shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of a director's share acquisition. The acquisition itself could be interpreted as slightly positive, but the filing is primarily informational.
Positives
- The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Date of transaction: Todd Clossin acquired shares of Wesbanco Inc. common stock. |
| 04/19/2024 | Date of signature: Daniel K. Weiss, Attorney-in-Fact, signed the Form 4 on behalf of Todd Clossin. |
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