Form 4: DONOHOE BRIAN J reports disposition transactions in WABC
Rhea-AI Filing Summary
DONOHOE BRIAN J reported disposition transactions in a Form 4 filing for WABC. The filing lists transactions totaling 21,000 shares from July 20, 2026 to July 20, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,000 shares exercised/converted
Exercise
4 txns
Insider
DONOHOE BRIAN J
Role
SVP/Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) F1 | 5,900 | $0.00 | $0.00 |
| Exercise | Non-qualified Stock Option (Right to Buy) F1 | 15,100 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 46.8411 shares (Direct);
Common Stock — 2,275.176 shares (Indirect, ESOP)
Footnotes (1)
- F1. Options vest ratably over three years beginning one year from date of grant.
Key Figures
Options exercised (grant 1): 5,900 shares at $57.1775
Options exercised (grant 2): 15,100 shares at $57.0800
Total shares subject to exercises: 21,000 shares
+2 more
5 metrics
Options exercised (grant 1)
5,900 shares at $57.1775
Non-qualified stock option exercised on 2026-07-20, expiring 2027-01-26
Options exercised (grant 2)
15,100 shares at $57.0800
Non-qualified stock option exercised on 2026-07-20, expiring 2031-01-28
Total shares subject to exercises
21,000 shares
Aggregate underlying common shares from both option exercises on 2026-07-20
Direct common stock holdings
46.8411 shares
Total direct Westamerica Bancorporation shares reported as of 2026-07-20
Indirect ESOP holdings
2,275.1760 shares
Common stock held indirectly through an ESOP as of 2026-07-20
Key Terms
Non-qualified Stock Option, ESOP, vest ratably
3 terms
Non-qualified Stock Option financial
"Reported as "Non-qualified Stock Option (Right to Buy)" exercised on 2026-07-20"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
ESOP financial
"Indirect ownership noted as "ESOP" for 2,275.1760 common 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.
vest ratably financial
"Footnote states options "vest ratably over three years" from grant"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did WABC executive Brian J. Donohoe report?
Brian J. Donohoe reported exercising two non-qualified stock option grants on 2026-07-20, covering a total of 21,000 shares of Westamerica Bancorporation common stock at exercise prices of $57.1775 and $57.0800 per share, with no sales disclosed in this filing.
What are the vesting terms of the WABC options exercised by Brian J. Donohoe?
The exercised non-qualified stock options vest ratably over three years, beginning one year from the date of grant. This means the overall grant becomes exercisable in equal annual portions over that three-year period, according to the footnote disclosure.
When do the Westamerica Bancorporation (WABC) option grants exercised by Donohoe expire?
One option grant for 5,900 shares at $57.1775 expires on 2027-01-26, and another for 15,100 shares at $57.0800 expires on 2031-01-28. Both were exercised on 2026-07-20, before their stated expiration dates.
Were Brian J. Donohoe’s WABC option exercises under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan for these transactions. No footnote indicates that the 2026-07-20 option exercises were conducted under a pre-arranged Rule 10b5-1 trading arrangement.