Form 4: West Bancorporation Executive Vice President Reports Stock Transaction
SEC Form 4 Filing
Bradley P. Peters, an Executive Vice President at West Bancorporation, reported the disposition of 2,870 shares of common stock to cover payroll taxes upon vesting of restricted stock units.
Summary
- On March 25, 2024, Bradley P. Peters, an Executive Vice President of West Bancorporation, disposed of 2,870 shares of common stock.
- The transaction was executed to cover payroll taxes due upon the vesting and issuance of restricted stock units.
- The price per share was $17.1.
- Following the transaction, Peters directly owns 69,243 shares of West Bancorporation common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and tax obligations, and does not indicate any significant positive or negative sentiment.
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 executive compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of stock transaction: disposition of 2,870 shares to cover payroll taxes. |
| 03/26/2024 | Date of signature on the Form 4 filing. |
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