Form 4: Westamerica Bancorporation Executive Brian J Donohoe Reports Stock Transaction
SEC Form 4 Filing
Brian J Donohoe, SVP at Westamerica Bancorporation, reports the disposition of 748 common stock shares to cover tax liabilities related to vested restricted performance shares.
Summary
- On March 1, 2024, Brian J Donohoe, SVP/Operations and Systems Manager at Westamerica Bancorporation, reported a transaction involving the company's common stock.
- 748 shares of common stock were disposed of to cover tax liabilities at a price of $45.58 per share.
- Following the transaction, Donohoe directly owns 1,903.8411 shares of common stock and indirectly owns 1,533.332 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction is a routine event. Therefore, the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an individual.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction (disposal of shares). |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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