Laws Richard K 4
4 · WESBANCO INC · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
WesBanco (WSBC) SEVP Richard Laws Receives Award (5,960 RSUs)
What Happened Richard K. Laws, Senior Executive Vice President and Chief Legal Counsel of WesBanco, received an award of 5,960 restricted stock units (RSUs) on May 20, 2026. The grant is recorded as a derivative acquisition at $0.00 (no cash exchanged); the RSUs are contingent rights to receive common shares upon vesting.
Key Details
- Transaction date: 2026-05-20; Grant type: Award/Grant (code A); Price reported: $0.00.
- Amount: 5,960 restricted stock units (each RSU = right to one share) — recorded as a derivative.
- Vesting: Three equal annual installments beginning May 20, 2027 (per filing footnote).
- Shares owned after transaction: Not specified in the provided Form 4 summary.
- Filing: Report filed 2026-05-22 for a 2026-05-20 grant (timely within the typical 2-business-day Form 4 window).
Context This was a compensation-related award (RSUs), not an open-market purchase or sale. RSUs are contingent and convert to actual shares only as they vest; they don’t represent immediate cash value until converted and may be subject to withholding at vesting. Such grants are routine executive compensation and do not by themselves indicate buying or selling sentiment.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-20+5,960→ 5,960 total→ Common Stock (5,960 underlying)
Footnotes (2)
- [F1]Eash Restricted Stock Unit represents a contingent right to receive one share of Wesbanco common stock
- [F2]Restrict Stock Units vest in three equal annual installments beginning May 20, 2027.