Jones Nathan R 4
Research Summary
AI-generated summary
Wesbanco (WSBC) SEVP Nathan R. Jones Receives 6,125 RSUs
What Happened
- Nathan R. Jones, Senior EVP and Chief Risk Officer of Wesbanco, was granted 6,125 restricted stock units (RSUs) on May 20, 2026. The grant is a non-cash equity award (reported as a derivative grant) and the reported grant price is $0.00.
Key Details
- Transaction date: 2026-05-20; Report filed: 2026-05-22 (filed timely).
- Transaction type: A = Award/Grant of derivative securities (RSUs).
- Quantity: 6,125 RSUs; reported acquisition value: $0 (non-cash compensation).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — each RSU represents a contingent right to receive one share of Wesbanco common stock; F2 — RSUs vest in three equal annual installments beginning May 20, 2027.
Context
- This was a compensation grant, not an open-market purchase or sale. RSU grants are common as executive compensation and do not require immediate cash outlay; they convert to actual shares as they vest per the schedule above.