Form 4: West Bancorporation CEO David D. Nelson Acquires Additional Shares
SEC Form 4 Filing
David D. Nelson, CEO and President of West Bancorporation, recently purchased 639 shares of the company's common stock at a price of $22.27 per share.
Summary
- On February 19, 2025, David D. Nelson, the CEO and President of West Bancorporation, acquired 639 shares of common stock.
- The shares were purchased at a price of $22.27 per share.
- Following the transaction, Nelson directly owns 124,866 shares of West Bancorporation.
- Nelson also indirectly owns 98,034 shares through the Katherine A. Nelson Rev Trust and 30,190 shares through a 401(k) Plan.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as the CEO's purchase of shares suggests confidence in the company. However, it's a relatively small transaction.
Positives
- The CEO's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. An open market purchase by the CEO is generally seen as a positive sign.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: David D. Nelson purchased 639 shares of West Bancorporation common stock. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Keywords
West Bancorporation, WTBA, David D. Nelson, Insider Trading, Beneficial Ownership, Form 4, SEC Filing, Stock Acquisition
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