Pattishall-Krupinski Jan 4

What Happened

• Jan Pattishall-Krupinski, Senior EVP & Chief Administrative Officer of WesBanco (WSBC), exercised a total of 4,750 stock options on 2026-07-28 and sold the same number of shares in open-market transactions the same day.
• Options exercised: 500 shares at $21.55 (cost $10,775), 2,000 shares at $38.78 (cost $77,560), and 2,250 shares at $38.78 (cost $87,255) — total exercise cost $175,590.
• Shares sold: 2,000 shares at $41.91 (proceeds $83,811), 500 shares at $41.91 (proceeds $20,953), and 2,250 shares at $41.45 (proceeds $93,254) — total sale proceeds $198,018.
• The transactions show exercised options followed by immediate open‑market sales (net proceeds roughly $22,428 when comparing sale proceeds to exercise costs).

Key Details

• Transaction date: 2026-07-28. Exercise prices: $21.55 and $38.78. Sale prices: $41.91 and $41.45.
• Shares exercised (acquired): 4,750. Shares sold (disposed): 4,750. Total proceeds from sales: $198,018. Total paid to exercise: $175,590.
• The filing includes three derivative “Disposed” entries at $0.00 (these typically reflect shares surrendered/withheld related to the exercise or tax withholding).
• Footnotes: F1 — options vested in two equal installments beginning 12/31/20. F2 — options vested in two equal installments beginning 12/31/21.
• Shares owned after the transactions are not specified in the provided excerpt; filing timeliness is not indicated here.

Context

• This sequence (exercise of options followed by immediate open‑market sale of the same shares) is commonly a cashless exercise or a liquidity action by the insider to cover exercise costs/taxes and/or convert shares to cash. These transactions are routine for option holders and do not, by themselves, indicate a change in company outlook.