Form 4: West Bancorporation Director Therese M Vaughan Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Therese M Vaughan reports acquisition of 1,738 restricted stock units in West Bancorporation, vesting within one year or at the next annual meeting.
Summary
- Therese M Vaughan, a director of West Bancorporation Inc (WTBA), reported acquiring 1,738 shares of common stock on April 24, 2025.
- These shares were obtained through a grant of restricted stock units.
- The restricted stock units vest either one year from the grant date or at the next annual meeting where directors are up for re-election.
- Following the transaction, Ms. Vaughan beneficially owns 13,151 shares of West Bancorporation common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of stock unit grants to a director.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The acquisition of restricted stock units by a director can align the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Acquisition of 1,738 restricted stock units. |
| 04/25/2025 | Date of signature on the report. |
Keywords
West Bancorporation, Director, Stock Units, Beneficial Ownership, Restricted Stock, WTBA, Form 4
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