Form 4: Westamerica Bancorporation Executive Reports Acquisition of Common Stock
SEC Filing
John A. Thorson, SVP/CFO of Westamerica Bancorporation, reports the acquisition of common stock through an ESOP and holdings in a trust.
Summary
- John A. Thorson, the SVP/CFO of Westamerica Bancorporation, filed a Form 4 with the SEC.
- The report details changes in beneficial ownership of Westamerica Bancorporation's common stock.
- On June 25, 2024, Thorson acquired 35 shares of common stock through an Employee Stock Ownership Plan (ESOP) at a price of $0.
- Thorson also indirectly owns 1,558.509 shares through an ESOP and 13,834 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock ownership of a key executive.
Key Dates
| Date | Description |
|---|---|
| 06/25/2024 | Date of the reported transaction (acquisition of common stock). |
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