Westamerica Bancorporation SVP exercises 9,200 options

Q: What did WABC executive Curtis Belton report in this Form 4?

Curtis Belton reported exercising 9,200 non-qualified stock options for Westamerica Bancorporation (WABC) common stock on 2026-07-24 at an exercise price of 58.5100 per share, bringing the reported balance of that option grant to 0.

Q: Were Curtis Belton's WABC transactions under a Rule 10b5-1 plan?

The filing's Rule 10b5-1 checkbox is not checked, so these WABC transactions are not affirmatively reported as made under a Rule 10b5-1 trading plan. No related footnote describes any such plan.

Q: What are the key terms of the WABC options exercised by Curtis Belton?

Belton exercised 9,200 non-qualified stock options with an exercise price of 58.5100 per share and an original expiration date of 2032-01-27. A footnote states these options vest ratably over three years beginning one year from the grant date.

Q: What indirect ownership does Curtis Belton report in WABC stock?

Curtis Belton reports indirect ownership of 777.465 Westamerica Bancorporation (WABC) common shares through an ESOP. The filing classifies this position as indirect (ownership code "I") with the nature of ownership explicitly described as ESOP.

Belton Curtis reported disposition transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Belton Curtis reported disposition transactions in this Form 4 filing.

Westamerica Bancorporation SVP/Risk Officer Curtis Belton exercised 9,200 non-qualified stock options for common stock on 2026-07-24 at an exercise price of 58.5100 per share, eliminating this option position. Following the transactions, he reports 0 directly held common shares and 777.465 shares held indirectly through an ESOP. No Rule 10b5-1 trading plan was affirmed.

Insider Trade Summary

9,200 shares exercised/converted

Exercise 3 txns

Insider Belton Curtis

Role SVP/Risk Officer

Type	Security	Shares	Price	Value
Exercise	Non-qualified Stock Option (Right to Buy) ^F1	9,200	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 0 shares (Direct); Common Stock — 777.465 shares (Indirect, ESOP)

Footnotes (1)

F1. Options vest ratably over three years beginning one year from date of grant.

Key Figures

Options Exercised: 9200.0000 shares Exercise Price: 58.5100 per share Options Remaining: 0.0000 shares +2 more

5 metrics

Options Exercised 9200.0000 shares Non-qualified stock options for common stock exercised on 2026-07-24

Exercise Price 58.5100 per share Conversion or exercise price of options exercised

Options Remaining 0.0000 shares Non-qualified stock option balance following exercise

Indirect Common Holdings 777.4650 shares Common stock held indirectly via ESOP after 2026-07-24 transactions

Option Expiration Date 2032-01-27 Original expiration date of options that were exercised

Key Terms

Non-qualified Stock Option (Right to Buy), Exercise or conversion of derivative security, ESOP

3 terms

Non-qualified Stock Option (Right to Buy) financial

"Security titled "Non-qualified Stock Option (Right to Buy)" for 9200.0000 shares"

Exercise or conversion of derivative security financial

"Transaction code description "Exercise or conversion of derivative security""

ESOP financial

"Nature of ownership listed as "ESOP" for 777.4650 shares"

An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did WABC executive Curtis Belton report in this Form 4?

Curtis Belton reported exercising 9,200 non-qualified stock options for Westamerica Bancorporation (WABC) common stock on 2026-07-24 at an exercise price of 58.5100 per share, bringing the reported balance of that option grant to 0.

How many WABC shares does Curtis Belton hold after this transaction?

After the reported transactions, Curtis Belton holds 0 WABC common shares directly and 777.465 shares indirectly through an ESOP, as of 2026-07-24. The filing lists these ESOP shares as indirect ownership.

At what price were Curtis Belton's WABC options exercised?

The non-qualified stock options were exercised at an exercise price of 58.5100 per share. This price applies to the entire block of 9,200 options converted into Westamerica Bancorporation (WABC) common stock on 2026-07-24.

Were Curtis Belton's WABC transactions under a Rule 10b5-1 plan?

The filing's Rule 10b5-1 checkbox is not checked, so these WABC transactions are not affirmatively reported as made under a Rule 10b5-1 trading plan. No related footnote describes any such plan.

What are the key terms of the WABC options exercised by Curtis Belton?

Belton exercised 9,200 non-qualified stock options with an exercise price of 58.5100 per share and an original expiration date of 2032-01-27. A footnote states these options vest ratably over three years beginning one year from the grant date.

What indirect ownership does Curtis Belton report in WABC stock?

Curtis Belton reports indirect ownership of 777.465 Westamerica Bancorporation (WABC) common shares through an ESOP. The filing classifies this position as indirect (ownership code "I") with the nature of ownership explicitly described as ESOP.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/24/2026 - 06:15 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Belton Curtis

(Last)

(First)

(Middle)

4550 MANGELS BLVD

A-2Y

(Street)

FAIRFIELD

CALIFORNIA

94585-1200

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WESTAMERICA BANCORPORATION [ WABC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP/Risk Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								0	D
Common Stock								777.465	I	ESOP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-qualified Stock Option (Right to Buy)	$58.51	07/24/2026		M			9,200	01/27/2023⁽¹⁾	01/27/2032	Common Stock	9,200	$0	0	D

Explanation of Responses:

1. Options vest ratably over three years beginning one year from date of grant.

	/s/ Curtis Belton	07/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR