Westamerica Bancorporation (NASDAQ: WABC) insider sale notice — 10,200 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Westamerica Bancorporation reports a proposed sale of 10,200 common shares. The filing lists 10,200 shares to be sold on 05/01/2026 in connection with an Employee Stock Option Exercise using a broker payment for cashless exercise. The notice also records a prior sale of 759 shares by Robert James Baker Jr on 04/20/2026 for $40,860.
Positive
- None.
Negative
- None.
Key Figures
Proposed sale: 10,200 shares
Prior sale (past 3 months): 759 shares
Proceeds from prior sale: $40,860
+1 more
4 metrics
Proposed sale
10,200 shares
to be sold on 05/01/2026 via cashless exercise
Prior sale (past 3 months)
759 shares
sold by Robert James Baker Jr on 04/20/2026
Proceeds from prior sale
$40,860
amount reported for the 04/20/2026 sale of 759 shares
Filing date / effective date
05/01/2026
date associated with the proposed 10,200-share transaction
Key Terms
Employee Stock Option Exercise, Broker Payment for Cashless Exercise, Form 144
3 terms
Employee Stock Option Exercise financial
"Securities To Be Sold | Common | 05/01/2026 | Employee Stock Option Exercise"
Broker Payment for Cashless Exercise financial
"10200 | 05/01/2026 | Broker Payment for Cashless Exercise"
Form 144 regulatory
"CONTENT METADATA: "form_type": "144""
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What is a broker payment for a cashless exercise as shown in WABC's filing?
A broker payment for cashless exercise means the broker facilitated exercise by using some newly issued shares to cover option costs. The filing links the 10,200-share transaction to this mechanism on 05/01/2026.