KNOX D BRUCE 4
Research Summary
AI-generated summary
WesBanco (WSBC) Director Knox D. Bruce Receives 7,084-Share Award
What Happened
- Knox D. Bruce, a director of WesBanco Inc. (WSBC), was granted/awarded 7,084 shares on March 4, 2026. The Form 4 reports the shares were acquired at $0.00 per share (total reported value $0) under transaction code "A" (award/grant).
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed two days after the transaction, appearing timely under SEC rules).
- Price: $0.00 per share; Total reported acquisition value: $0.
- Shares acquired: 7,084 shares (award/grant).
- Shares owned after transaction: Not specified in the filing.
- Notes/footnotes: The filing indicates an award/grant (code A); no 10b5-1 plan, tax withholding, or other special conditions are disclosed in the filing.
Context
- An "A" code indicates an award or grant (commonly restricted stock or similar compensation), not an open-market purchase. Such awards reflect company compensation practices rather than immediate market bets by the insider. This is an acquisition of shares for compensation purposes, not a cash purchase.