Insider Trading June 23, 2026 02:39 PM

Wesbanco Executive Jan Pattishall-Krupinski Sells Shares Amid Stock Repurchase Expansion

Senior Executive Vice President's indirect sale of 4,500 shares coincides with broader corporate buyback authorization and recent leadership transition.

By Avery Klein
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WSBC

Jan Pattishall-Krupinski, Senior Executive Vice President and Chief Administrative Officer at WESBANCO INC (NASDAQ:WSBC), conducted an indirect sale of 4,500 shares of common stock on June 22, 2026. The transaction, executed through her spouse, generated approximately $165,195 at prices between $36.70 and $36.72. Simultaneously, her spouse acquired 4,500 shares via stock option exercises totaling $120,397, with strike prices ranging from $24.91 to $28.60. The exercised options, vesting across 2024 and 2025, expire on July 1, 2027. Following these activities, Pattishall-Krupinski’s indirect holdings stand at 35,923.8 shares, complementing her direct ownership of 33,483.905 shares. The stock trades at $37.14, near its 52-week high of $38.10, while WesBanco’s valuation metrics show a P/E of 11.9 and a dividend yield of 4.14%, supported by 50 consecutive years of dividend payments.

Wesbanco Executive Jan Pattishall-Krupinski Sells Shares Amid Stock Repurchase Expansion
WSBC
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Key Points

  • Jan Pattishall-Krupinski sold 4,500 shares indirectly for ~$165,195 while her spouse acquired 4,500 shares via option exercises for ~$120,397.
  • WesBanco expanded its stock buyback program by 4.0 million shares, bringing total authorization to 4.9 million shares.
  • Nathan Jones was appointed as new Senior Executive Vice President and Chief Risk Officer, succeeding retiring executive Mike Perkins.

On June 22, 2026, Jan Pattishall-Krupinski, serving as Senior Executive Vice President and Chief Administrative Officer at WESBANCO INC (NASDAQ:WSBC), executed a transaction involving the sale of 4,500 shares of the company’s common stock. Conducted indirectly through her spouse, the sale generated approximately $165,195, with shares transacted at prices ranging from $36.70 to $36.72.

Concurrently, on the same date, her spouse acquired 4,500 shares of WESBANCO common stock by exercising stock options. This acquisition totaled approximately $120,397, with shares obtained at prices between $24.91 and $28.60. The exercised options comprised 2,250 shares with a strike price of $24.91, which vested in two equal installments on May 24, 2024, and December 31, 2024. Additionally, another 2,250 shares were acquired from options with a strike price of $28.60, vesting in two equal installments on May 15, 2025, and December 31, 2025. All exercised options are scheduled to expire on July 1, 2027.

Following these transactions, Jan Pattishall-Krupinski indirectly holds 35,923.8 shares of WESBANCO common stock through her spouse, alongside her direct ownership of 33,483.905 shares. The stock currently trades at $37.14, near its 52-week high of $38.10. According to InvestingPro analysis, WESBANCO appears slightly overvalued relative to its Fair Value. The company maintains a P/E ratio of 11.9 and offers a dividend yield of 4.14%. Notably, WESBANCO has maintained dividend payments for 50 consecutive years, demonstrating strong shareholder commitment.

In other recent news, WesBanco, Inc. reported its first-quarter 2026 earnings, which revealed an earnings per share (EPS) of $0.91, surpassing the analyst expectations of $0.87. However, the company experienced a revenue shortfall, reporting $257.23 million against the anticipated $264.54 million, marking a negative revenue surprise of -2.76%. In addition to the earnings report, WesBanco announced a significant expansion of its stock buyback program, adding 4.0 million shares to the existing authorization, bringing the total available for repurchase to 4.9 million shares. This expansion represents 5.1% of the company’s outstanding shares as of March 31, 2026.

Furthermore, WesBanco named Nathan Jones as its new Senior Executive Vice President and Chief Risk Officer, succeeding Mike Perkins, who is set to retire in June after over 30 years with the company. These developments come as WesBanco continues to navigate its strategic priorities and leadership transitions. The company’s recent earnings and leadership changes are crucial points of interest for investors.

Risks

  • Revenue shortfall of -2.76% in Q1 2026 may signal near-term operational challenges in the banking sector.
  • Valuation concerns highlighted by InvestingPro analysis suggest potential overvaluation relative to fair value.
  • Leadership transition involving retirement of long-tenured executive Mike Perkins could impact institutional knowledge.

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