Form 4: Wesbanco Executive Disposes of Depositary Shares
Insider Transaction Report
Wesbanco EVP Scott A. Love reported the disposition of 150 depositary shares due to issuer redemption.
Summary
- Scott A. Love, Executive Vice President of Wealth Management at Wesbanco Inc., reported a change in beneficial ownership.
- On November 17, 2025, 150 depositary shares were disposed of at a price of $25 per share.
- The disposition occurred because Wesbanco Inc. called these depositary shares for redemption.
- Following this transaction, Scott A. Love's beneficial ownership of these specific depositary shares is 0.
- The depositary shares represent a 1/40th interest in WesBanco, Inc.'s 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A.
Sentiment
Score: 5
Explanation: Neutral, as this is a mandatory reporting of a corporate redemption of preferred shares, not a discretionary insider trade indicating confidence or lack thereof.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders holding the 6.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, will have their shares redeemed, impacting their investment structure.
Key Dates
| Date | Description |
|---|---|
| 11/17/2025 | Transaction Date for the disposition of depositary shares. |
| 11/18/2025 | Date the Form 4 was signed by Attorney-in-Fact Daniel K. Weiss. |
Keywords
Wesbanco, WSBC, Form 4, Insider Transaction, Depositary Shares, Redemption, Scott A Love, Preferred Stock
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