Form 4: WesBanco Executive Michael L. Perkins Reports Changes in Beneficial Ownership

Michael L. Perkins, SEVP/Chief Risk Admin Officer at WesBanco Inc, reports acquisition and disposal of common stock shares.

Summary

• On June 4, 2024, Michael L. Perkins, SEVP/Chief Risk Admin Officer of WesBanco Inc, reported changes in beneficial ownership of the company's common stock.
• Perkins acquired 1,030 shares of common stock at $0.
• He also disposed of shares: 101 shares at $28.83, 188 shares at $27.72, and 1,428 shares at $29.11.
• Following these transactions, Perkins directly owns 52,180.083 shares and indirectly owns 2,554.031 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing (Form 4) detailing changes in beneficial ownership. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about transactions.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are monitored by investors to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the trading activities of a key executive.
• It can influence investor sentiment, depending on the perceived reasons behind the stock transactions.

Key Dates