Form 4: West Bancorporation CFO Jane M. Funk Reports Stock Transactions
SEC Form 4 Filing
Jane M. Funk, CFO of West Bancorporation, reports the withholding of shares to cover payroll taxes upon vesting of restricted stock units.
Summary
- On March 25, 2024, Jane M. Funk, CFO of West Bancorporation, had 2,540 shares of common stock withheld to cover payroll taxes due upon the vesting and issuance of restricted stock units.
- The price per share for the transaction was $17.1.
- Following the transaction, Funk directly owns 53,767 shares of West Bancorporation common stock.
- Funk also indirectly owns 199 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, not a sale on the open market.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of stock transaction (withholding of shares for payroll taxes). |
| 03/26/2024 | Date of signature on the Form 4 filing. |
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