Form 4: West Bancorporation Director Douglas R. Gulling Reports Stock Transaction
SEC Form 4 Filing
Director Douglas R. Gulling reports a transaction involving West Bancorporation stock, specifically the withholding of shares to cover payroll taxes upon vesting of restricted stock units.
Summary
- On March 25, 2024, Douglas R. Gulling, a director of West Bancorporation Inc. (WTBA), had 8,514 shares of common stock withheld to cover payroll taxes.
- The shares were withheld at a price of $17.1 per share.
- Following the transaction, Gulling directly owns 57,434 shares of common stock.
- Gulling also indirectly owns 27,274 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to the vesting of restricted stock units and the payment of associated taxes.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine withholding of shares for tax purposes.
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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