The well-timed open-market buys by two independent directors signal strong confidence in recent earnings performance and the Premier acquisition integration. Monitor for follow-up commentary on capital allocation or future buybacks in upcoming investor calls.
Price Chart
Executive Summary
Two WesBanco directors, Louis Michael Altman and Lee J. Burdman, each purchased $101K of shares in open-market transactions on April 23, 2026, shortly after the company reported strong Q1 earnings. The remaining 14 transactions were non-cash grant events with no economic value.
Key Financial Metrics
Key Facts
- Two directors made identical open-market purchases of 3,000 shares each at ~$33.70, totaling $202,000 in aggregate.
- Purchases occurred one day after WesBanco's Q1 2026 earnings release (April 22, 2026), which showed a sharp rebound to $0.88 GAAP EPS from a year-ago loss.
- 14 other transactions were non-cash share grants (code A) to directors, common in annual equity compensation practices.
- Total open-market buying represents ~0.006% of $3.3B market cap — modest in size but notable given timing and participants.
Financial Impact
$202,000 in open-market buying by two directors; no material dilution or cash impact
Risk Factors
- Purchases are modest in dollar size relative to market cap and may not reflect broader insider sentiment.
- Non-cash grants dominate the cluster and could mislead if interpreted as active buying interest.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-WSBC-1777057320007 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Press Release | $39.13 | awaiting T+60 | — | $38.86 (−0.69%) |
Oct 5, 2026 21d ago | SC 13G/A | $37.75 | awaiting T+60 | — | $38.86 (+2.94%) |
Oct 2, 2026 25d ago | Press Release | $38.11 | awaiting T+60 | — | $38.86 (+1.97%) |
Aug 27, 2026 8w ago | 8-K | $40.42 | awaiting T+60 | — | $38.86 (−3.86%) |
Aug 19, 2026 9w ago | Press Release | $40.88 | awaiting T+60 | — | $38.86 (−4.94%) |
Jul 30, 2026 12w ago | Insider Cluster | $41.38 $39.06 | ▼ −5.61% | ▼ −8.06% | $38.86 (−6.09%) |
Jul 29, 2026 12w ago | Insider Cluster | $41.90 $39.13 | ▼ −6.61% | ▼ −11.34% | $38.86 (−7.26%) |
Jul 20, 2026 14w ago | Press Release | $40.53 $36.75 | ▼ −9.34% | ▼ −14.18% | $38.86 (−4.12%) |
Apr 23, 2026 26w ago | Insider Cluster | $34.10 $40.53 | ▲ +18.86% | ▲ +13.84% | $38.86 (+13.96%) |
Apr 23, 2026 26w ago | Insider Cluster | $34.10 $40.53 | ▲ +18.86% | ▲ +13.84% | $38.86 (+13.96%) |
US Market Status
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