Form 4: West Bancorporation Officer Harlee Olafson Reports Stock Transactions
SEC Form 4 Filing
Harlee Olafson, Chief Risk Officer of West Bancorporation, reports the withholding of shares to cover payroll taxes upon vesting of restricted stock units.
Summary
- On March 25, 2025, Harlee Olafson, Chief Risk Officer of West Bancorporation, had 7,335 shares of common stock withheld to cover payroll taxes due upon the vesting and issuance of restricted stock units.
- The price per share for the transaction was $20.02.
- Following the transaction, Olafson directly owns 128,326 shares of West Bancorporation common stock.
- Olafson also indirectly owns 19,860 shares through a 401(k) plan.
Sentiment
Score: 7
Explanation: The document reflects routine stock transactions related to executive compensation, which is neutral to slightly positive as it indicates ongoing equity-based compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of stock transaction (withholding of shares for payroll taxes). |
| 03/26/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, West Bancorporation, WTBA, Harlee Olafson, Chief Risk Officer, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Payroll Taxes, 401(k)
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