Form 4: Westamerica Bancorporation SVP/CFO John A. Thorson Reports Stock Sale
SEC Form 4 Filing
John A. Thorson, SVP/CFO of Westamerica Bancorporation, reported the sale of 1,100 shares of common stock on April 22, 2024.
Summary
- On April 22, 2024, John A. Thorson, the SVP/CFO of Westamerica Bancorporation, sold 1,100 shares of the company's common stock.
- The sale was executed at a price of $47.24 per share.
- Following the transaction, Thorson directly owns 0 shares of common stock.
- Thorson indirectly owns 1,511.2 shares through an ESOP and 13,799 shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider stock sale. The sentiment is neither positive nor negative without additional context.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The stock sale by a high-ranking officer may be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | Date of the stock sale transaction. |
| 04/24/2024 | Date of signature on the Form 4 filing. |
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