Clossin Todd 4
Research Summary
AI-generated summary
WesBanco (WSBC) Director Todd Clossin Receives 669-Share Award
What Happened
- Todd Clossin, a director of WesBanco, Inc. (WSBC), was granted 669 shares on Feb 20, 2026. The Form 4 reports the acquisition price as $0.00, reflecting an award/grant rather than an open‑market purchase; total cash paid per the filing is $0.
Key Details
- Transaction date: 2026-02-20; Filing date: 2026-02-23 (Form 4) — filing appears timely.
- Transaction type/code: Award/Grant (A).
- Shares acquired: 669 at $0.00 per share (reported acquisition value $0).
- Shares owned after transaction: not specified in the provided filing excerpt.
- No footnotes or 10b5-1/tax withholding details included in the excerpt.
Context
- This is an equity award (common for director compensation) and is recorded as an acquisition on Form 4; such grants reflect compensation arrangements rather than an outright purchase by the insider. Awards increase insider holdings but do not necessarily signal the insider’s view on near‑term stock direction.