8-K
filed April 18, 2024, 7:59 PM ET
ticker WSBC
CIK 0000203596
other
confidence high
sentiment neutral
materiality 0.30
Wesbanco annual meeting: two directors retire; incentive plan approved
WESBANCO INC
- Directors Gary L. Libs (since 2016) and Reed J. Tanner (since 1996) retired due to age 70 limit, no disagreement.
- Shareholders approved the Amended and Restated Incentive Bonus, Option and Restricted Stock Plan (40.7M for).
- Advisory vote on executive compensation passed with 35.5M for vs 7.6M against.
- Ernst & Young ratified as independent auditor for FY2024 with 48.9M for votes.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gary L. Libs departed as Director at WESBANCO INC.
- Action
- retiring
- Role
- Director
Exact text from the filing
In addition, both Gary L. Libs’ and Reed J. Tanner’s terms as members of the Company’s Board of Directors expired as of the Annual Meeting.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Reed J. Tanner departed as Director at WESBANCO INC.
- Action
- retiring
- Role
- Director
Exact text from the filing
In addition, both Gary L. Libs’ and Reed J. Tanner’s terms as members of the Company’s Board of Directors expired as of the Annual Meeting.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
WESBANCO INC shareholders approved Approval of an Advisory (Non-Binding) Vote on the Corporation’s Executive Compensation Paid to the Named Executive Officers.
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
Item 2 - Approval of an Advisory (Non-Binding) Vote on the Corporation’s Executive Compensation Paid to the Named Executive Officers The Company’s stockholders also approved an advisory (non-binding) proposal on the Company's executive compensation paid to its named executive officers. The results of the vote were as follows: For Against Abstain Non Votes 35,542,957 7,622,120 424,511 7,198,290
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
WESBANCO INC shareholders approved Advisory (Non-Binding) Vote Ratifying the Appointment of Independent Registered Public Accounting Firm at the 2024-12-31 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-12-31
Exact text from the filing
Item 3 - Advisory (Non-Binding) Vote Ratifying the Appointment of Independent Registered Public Accounting Firm The Company's stockholders also approved an advisory (non-binding) proposal ratifying the appointment of Ernst & Young, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The results of the vote were as follows: For Against Abstain Non Votes 48,998,650 1,502,252 286,977 -
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
WESBANCO INC shareholders approved Approval of an Amendment and Restatement of the Incentive Bonus, Option and Restricted Stock Plan.
- Proposal
- equity plan
- Outcome
- passed
Exact text from the filing
Item 4 - Approval of an Amendment and Restatement of the Incentive Bonus, Option and Restricted Stock Plan The Company’s stockholders also approved a proposal to amend and restate the Wesbanco, Inc. Incentive Bonus, Option and Restricted Stock Plan. The results of the vote were as follows: For Against Abstain Non Votes 40,725,614 2,162,690 701,284 7,198,290
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
WESBANCO INC shareholders approved Election of Directors.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
Item 5.07 Submission of Matters to a Vote of Security Holders Item 1 - Election of Directors The following directors were elected to the Board of Directors for a term of three years expiring at the Company’s Annual Meeting of its Stockholders to be held in 202 7: For Withheld Non Votes James W. Cornelsen 41,784,150 1,805,245 7,198,290 Robert J. Fitzsimmons 42,936,578 650,613 7,198,290 D. Bruce Knox 39,760,518 3,828,387 7,198,290 Jeffrey H. Jackson 41,981,728 1,607,860 7,198,290
View on SEC.gov
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