Altman Louis Michael 4
Research Summary
AI-generated summary
WesBanco Director Louis Altman Receives 2,417-Share Award
What Happened
- Louis Michael Altman, a director of WesBanco Inc. (WSBC), was granted/received 2,417 shares on April 23, 2026. The Form 4 reports the transaction as an award/grant (transaction code A) with an acquisition price of $0.00 (reported value $0).
Key Details
- Transaction date: 2026-04-23; filing date: 2026-04-24 (next-day filing, appears timely).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 2,417; reported price: $0.00; reported total cost: $0.
- Shares owned after transaction: Not specified in the provided filing details.
- No footnotes or 10b5-1 / tax-withholding information provided in the excerpt.
Context
- Awards granted at $0 typically reflect compensation (restricted stock, RSUs, or similar) rather than an open-market purchase; they do not necessarily signal buying conviction. The economic value to the insider depends on vesting terms and WesBanco’s market price, which are not detailed in the provided filing.