23,500 stock options granted to Westamerica (WABC) SVP/CFO Anela Jonas

Rhea-AI Filing Summary

Westamerica Bancorporation SVP/CFO Anela Marya Jonas received a grant of 23,500 non-qualified stock options on January 22, 2026. Each option has an exercise price of $51.15 and is exercisable for one share of Westamerica common stock, with the options expiring on January 22, 2036. The options vest ratably over three years, beginning one year from the grant date. Following this grant, Jonas holds 23,500 stock options directly, along with 220.5539 shares of common stock held directly, 705.454 shares held indirectly through an ESOP, and 1,821 shares held indirectly in an IRA.

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^*

Jonas Anela Marya

(Last) (First) (Middle)

4550 MANGELS BLVD

(Street)

FAIRFIELD CA 94534

(City) (State) (Zip)

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/CFO

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								220.5539	D
Common Stock								705.454	I	ESOP
Common Stock								1,821	I	IRA

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified Stock Option (Right to Buy)	$51.15	01/22/2026		A		23,500		01/22/2027(1)	01/22/2036	Common Stock	23,500	$51.15	23,500	D

Explanation of Responses:

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

	/s/Anela Marya Jonas	01/23/2026
	** 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.

FAQ

What insider transaction did Westamerica Bancorporation (WABC) report for Anela Marya Jonas?

Westamerica Bancorporation (WABC) reported that SVP/CFO Anela Marya Jonas received a grant of 23,500 non-qualified stock options on January 22, 2026, each exercisable for one share of common stock at an exercise price of $51.15.

What are the vesting terms of the 23,500 stock options granted to the WABC SVP/CFO?

The 23,500 non-qualified stock options granted to the SVP/CFO vest ratably over three years, beginning one year from the date of grant.

When do the newly granted WABC stock options to the SVP/CFO expire?

The stock options granted to the SVP/CFO on January 22, 2026 have an expiration date of January 22, 2036, giving a ten-year term from the grant date.

What is the exercise price of the stock options granted to the WABC SVP/CFO?

The exercise price of the non-qualified stock options granted to the SVP/CFO is $51.15 per share of Westamerica Bancorporation common stock.

How many WABC common shares does the SVP/CFO hold after the reported Form 4 transaction?

After the reported transaction, the SVP/CFO holds 220.5539 shares of WABC common stock directly, 705.454 shares indirectly through an ESOP, and 1,821 shares indirectly in an IRA, in addition to 23,500 stock options.

Is the Form 4 for WABC reporting a stock sale or an option grant?

The Form 4 for Westamerica Bancorporation (WABC) reports an option grant of 23,500 non-qualified stock options to the SVP/CFO, coded as an acquisition (Code A), not a sale of existing shares.