Form 4: West Bancorporation Executive Vice President Brad L Winterbottom Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President Brad L Winterbottom reports a transaction involving West Bancorporation Inc. stock, including the withholding of shares for tax obligations.
Summary
- On March 25, 2024, Brad L Winterbottom, an Executive Vice President at West Bancorporation Inc. (WTBA), engaged in a transaction involving the company's common stock.
- A total of 8,163 shares were disposed of at a price of $17.10 per share to cover payroll taxes due upon the vesting and issuance of restricted stock units.
- Following the transaction, Winterbottom directly owns 132,775 shares of West Bancorporation Inc.
- Winterbottom also indirectly owns 6,607 shares held by his spouse and 22,172 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of stock transaction: disposal of shares to cover payroll taxes. |
| 03/26/2024 | Date of signature on the report. |
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