Form 4: WesBanco Executive Michael L. Perkins Reports Stock Sale
SEC Form 4
Michael L. Perkins, SEVP/Chief Risk Admin Officer of WesBanco Inc, reported the sale of 5,363 shares of common stock at a price of $30.1874 on August 6, 2024.
Summary
- On August 6, 2024, Michael L. Perkins, SEVP/Chief Risk Admin Officer of WesBanco Inc, sold 5,363 shares of common stock.
- The sale price was $30.1874 per share.
- Following the transaction, Perkins directly owns 46,817.083 shares of WesBanco Inc.
- Perkins also indirectly owns 2,554.031 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of insider transactions. This filing indicates a sale of shares by a WesBanco executive, which could be for personal financial management reasons.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of stock sale transaction |
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