Form 4: West Bancorporation Executive Vice President Reports Stock Transaction
SEC Form 4 Filing
Brad L. Winterbottom, Executive Vice President of West Bancorporation, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 25, 2025, 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 6,980 shares were disposed of at a price of $20.02 per share to cover payroll taxes due upon the vesting and issuance of restricted stock units.
- Following the transaction, Winterbottom directly owns 140,795 shares of West Bancorporation common stock.
- Additionally, Winterbottom indirectly owns 6,607 shares held by his spouse and 24,124 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations related to vested equity.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of stock transaction (disposal of shares). |
| 03/26/2025 | Date of signature on the Form 4 filing. |
Keywords
West Bancorporation, WTBA, Brad L. Winterbottom, Executive Vice President, Stock Transaction, Form 4, Restricted Stock Units, Beneficial Ownership, Payroll Taxes
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