Westamerica Bancorporation (WABC) SVP reports vesting of performance-based stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westamerica Bancorporation executive reports stock awards vesting. SVP/Human Resources Division Manager George S. Ensinger reported the acquisition of 1,412, 986, and 408 shares of Westamerica Bancorporation common stock on January 22, 2026, all at a price of $0 per share. These additions reflect prorated vesting of Restricted Performance Shares granted in 2023, 2024, and 2025 after the related performance criteria were met.
Following these awards, Ensinger directly held 7,721 common shares and had additional interests in 266.1956 directly held shares and 661.702 shares held indirectly through an ESOP. The filing shows routine compensation-related equity vesting rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Ensinger George S
Role
SVP/Human Resources Div. Mgr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,412 | $0.00 | -- |
| Grant/Award | Common Stock | 986 | $0.00 | -- |
| Grant/Award | Common Stock | 408 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,327 shares (Direct);
Common Stock — 661.702 shares (Indirect, ESOP)
Footnotes (1)
- Includes shares from dividend reinvestment. Prorated vesting. 91.7% of the Restricted Performance Shares granted in 2023 have vested upon meeting performance criteria. Prorated vesting. 58.3% of the Restricted Performance Shares granted in 2024 have vested upon meeting performance criteria. Prorated vesting. 25% of the Restricted Performance Shares granted in 2025 have vested upon meeting performance criteria.