Form 4: WesBanco EVP Brent E. Richmond Sells Shares
SEC Form 4 Filing
Brent E. Richmond, EVP Treasury at WesBanco, Inc., sold 11,523 shares of common stock at a weighted average price of $31.2564 on September 17, 2024.
Summary
- On September 17, 2024, Brent E. Richmond, the EVP Treasury of WesBanco, Inc. (WSBC), sold 11,523 shares of the company's common stock.
- The sale was executed at a weighted average price of $31.2564 per share.
- Following the transaction, Richmond directly owns 27,324.875 shares of WesBanco common stock.
- Richmond also indirectly owns 1,124.708 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about executive sentiment regarding the company's stock.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it may not necessarily indicate a negative outlook on the company's future.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of the transaction: Brent E. Richmond sold 11,523 shares of WesBanco common stock. |
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