Form 4: Westamerica Bancorporation Executive Reports Stock Transaction
SEC Form 4 Filing
George S. Ensinger, SVP/Human Resources Div. Mgr at Westamerica Bancorporation, reports a transaction involving common stock due to tax liability coverage.
Summary
- On March 1, 2024, George S. Ensinger, SVP/Human Resources Div. Mgr at Westamerica Bancorporation, reported a transaction involving the company's common stock.
- 587 shares were disposed of to cover tax liabilities at a price of $45.58 per share.
- Following the transaction, Ensinger directly owns 4,698 shares of common stock.
- Ensinger also indirectly owns 253.2798 shares and 438.24 shares through an ESOP.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction to cover tax obligations. It doesn't indicate any significant positive or negative outlook.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: 587 shares disposed of to cover tax liabilities. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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