Perkins Michael L 4

What Happened

• Michael L. Perkins, SEVP and Chief Risk Officer of WesBanco (WSBC), was granted 1,380 shares (award) on 2026-06-01. To cover the related tax liability, 3,406 shares were surrendered/withheld in three withholding transactions on the same date, generating proceeds of $117,285. The award shows an acquisition at $0.00; the withholdings are reported as disposals for tax payment.
• Net effect: Perkins received 1,380 shares and had 3,406 shares withheld, a net decrease of 2,026 shares.

Key Details

• Award (A): 1,380 shares @ $0.00 on 2026-06-01 (value reported $0 for grant).
• Tax withholding (F) transactions on 2026-06-01:
  • 148 shares @ $33.43 = $4,948
  • 228 shares @ $33.42 = $7,620
  • 3,030 shares @ $34.56 = $104,717
  • Total withheld/disposed: 3,406 shares for $117,285.
• Shares owned after the transactions: not specified in the filing.
• No footnotes or 10b5-1 plan disclosure noted in the filing.
• Filing was submitted 2026-06-02 for transactions on 2026-06-01 (timely).

Context

• The "A" code indicates a grant/award; the "F" code indicates shares were withheld to satisfy tax withholding obligations. This is a routine tax-coverage transaction associated with an equity award (not an open-market sale) and does not necessarily signal a change in the insider’s view of the company. Purchases are generally viewed as stronger signals of insider conviction than routine withholdings.