Form 4: Director Therese M. Vaughan Acquires West Bancorporation

Director Therese M. Vaughan acquired 1,430 shares of West Bancorporation common stock via a restricted stock unit grant.

Summary

• Director Therese M. Vaughan was granted 1,430 restricted stock units (RSUs) of West Bancorporation (WTBA) common stock.
• The transaction occurred on April 23, 2026.
• Following this acquisition, the director's total beneficial ownership increased to 14,581 shares.
• The shares were acquired at a price of $0, representing a standard equity compensation grant.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

• Increased alignment between director interests and shareholder value through equity ownership.

Negatives

• None identified.

Risks

• Standard market risks associated with holding equity in a financial institution.

Future Outlook

The restricted stock units vest on the earlier of the one-year anniversary of the grant date or the next regularly scheduled annual meeting of stockholders.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices in the banking sector, intended to incentivize long-term oversight and alignment with shareholder interests.

Comparison to Industry Standards

• The grant of restricted stock units to non-employee directors is consistent with standard compensation practices for regional banking institutions.
• The vesting schedule aligns with typical annual director election cycles observed in the financial services industry.

Stakeholder Impact

• Positive impact on shareholder alignment as the director increases their equity stake in the company.

Next Steps

• Vesting of the 1,430 restricted stock units upon the earlier of the one-year anniversary or the next annual meeting.

Key Dates

Keywords

West Bancorporation, WTBA, Insider Trading, Form 4, Director Compensation, Equity Grant