Form 4: Wesbanco Executive Receives Restricted Stock Units
Statement of Changes in Beneficial Ownership
Jan Pattishall-Krupinski, SEVP and Chief Admin Officer of Wesbanco, was granted 6,260 restricted stock units.
Summary
- Jan Pattishall-Krupinski, serving as SEVP and Chief Administrative Officer, received a grant of 6,260 restricted stock units (RSUs) on May 20, 2026.
- Each RSU represents a contingent right to receive one share of Wesbanco common stock.
- The units are subject to a vesting schedule consisting of three equal annual installments starting May 20, 2027.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation, which carries a neutral sentiment.
Positives
- The grant of equity-based compensation aligns the interests of the executive with those of shareholders.
Negatives
- The issuance of additional equity units results in potential future dilution for existing shareholders.
Risks
- Vesting is contingent upon continued employment, which remains subject to standard corporate risks.
Future Outlook
The RSUs will vest in three equal annual installments beginning May 20, 2027, provided the executive remains with the company.
Industry Context
StockSavvy.ai notes that equity grants for senior executives are standard practice in the banking sector to ensure long-term retention and performance alignment.
Comparison to Industry Standards
- The use of three-year vesting schedules for executive equity is consistent with standard corporate governance practices in the U.S. financial services industry.
Stakeholder Impact
- Minor potential dilution for existing shareholders upon the eventual conversion of RSUs to common stock.
Next Steps
- Vesting of the first installment of 2,086.67 units (approx) on May 20, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the RSU grant transaction. |
| 05/20/2027 | First vesting date for the granted restricted stock units. |
| 05/22/2026 | Date the Form 4 was signed and filed. |
Keywords
Wesbanco, WSBC, Insider Trading, Restricted Stock Units, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.