Pattishall-Krupinski Jan 4
Research Summary
AI-generated summary
WesBanco (WSBC) SEVP Jan Pattishall-Krupinski Receives Award; Shares Withheld
What Happened
Jan Pattishall-Krupinski, Senior EVP & Chief Administrative Officer of WesBanco (WSBC), received two awards totaling 1,647 shares (767 + 880) on 2026-06-01 at $0.00 (typical for vested RSUs or similar grants). On the same date a total of 5,197 shares were disposed of to satisfy tax withholding obligations (payment of exercise price/tax liability), with reported proceeds of approximately $178,873 across several share lots at prices between $33.42 and $34.56. These disposals reflect tax withholding, not an open-market sale.
Key Details
- Transaction date: 2026-06-01; Form filed 2026-06-02 (appears timely).
- Awards acquired: 767 shares and 880 shares at $0.00 (total 1,647 shares).
- Shares withheld/disposed for taxes: 159, 183, 2,451, 138, 168 and 2,098 shares (total 5,197).
- Prices for withheld shares ranged from $33.42 to $34.56; aggregate reported value ≈ $178,873.
- Transaction codes: A = award/grant; F = payment of exercise price/tax liability (tax withholding).
- Shares owned after the transactions: not specified in the information provided in this summary.
Context
- These filings indicate award vesting with a net settlement (shares withheld to cover taxes), a common administrative step when restricted stock or option exercises vest. This is different from an open-market sale (which would be a clearer negative signal).
- No evidence here of a 10% owner transaction or a 10b5-1 plan noted in the provided details.
- The filing is informational; it documents compensation-related share vesting and tax withholding rather than an investment decision by the insider.