Company: WSBC
Filing Date: 2025-09-11
Form Type: 424B5
Source: 0001193125-25-201360
Chunk: 60

Company: WESBANCO INC
Filing Date: 2025-09-11
Form: 424B5
Chunk 60
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 (Including Redemptions that Qualify for Exchange Treatment). A U.S. holder will generally
recognize capital gain or loss on a sale or exchange of the depositary shares equal to the difference between the amount realized upon the sale or exchange and such U.S. holder’s adjusted tax basis in the shares sold or exchanged. Such capital
gain or loss will be long-term capital gain or loss if the U.S. holder’s holding period for the shares sold or exchanged is more than one year. Long-term capital gains of non-corporate taxpayers are
generally taxed at preferential rates. The deductibility of net capital losses is subject to limitations.

Redemption of the Depositary Shares. The tax treatment of any redemption by us of our depositary shares from a U.S. holder depends on the particular facts as to such U.S. holder at the time of redemption.

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In general, a U.S. holder of our depositary shares will be subject to tax as described under
the caption “U.S. Holders — Sale or Exchange of Depositary Shares (Including Redemptions that Qualify for Exchange Treatment)” above if such redemption (i) results in a “complete termination” of the
U.S. holder’s interest in all classes of our shares under Section 302(b)(3) of the Code, (ii) is a “substantially disproportionate” redemption with respect to such U.S. holder under Section 302(b)(2) of the Code, or
(iii) is “not essentially equivalent to a dividend” with respect to the U.S. holder of the depositary shares under Section 302(b)(1) of the Code. In applying these tests, there must be taken into account not only the depositary
shares being redeemed, but also such U.S. holder’s ownership of other classes and series of our capital stock and any options (including stock purchase rights) to acquire any of the foregoing. The U.S. holder of our depositary shares also must
take into account any such securities (including options) which are considered to be owned by such U.S. holder under constructive ownership rules in Sections 302(c) and 318 of the Code.

If the redemption does not meet any of the tests under Section 302 of the Code for sale or exchange treatment, then the redemption
proceeds received by a U.S. holder will be treated as a distribution on our shares and will be taxable as described under the caption “U.S. Holders