Westamerica Bancorporation (WABC) CIO gets 20,500 options and 2,040 shares
Rhea-AI Filing Summary
Westamerica Bancorporation SVP/Chief Information Officer Brian J. Donohoe reported new equity awards and share ownership changes. On January 22, 2026, he was granted 20,500 non-qualified stock options with an exercise price of $51.15 per share. These options vest in equal parts over three years, beginning one year from the grant date.
On the same date, he also acquired 2,040 shares of common stock at $0 per share, reflecting the vesting of restricted performance shares granted in 2023 after meeting performance criteria. Following these transactions, he directly holds about 2,086.8411 shares, and indirectly holds 2,052.978 shares through an ESOP and 4,824 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 20,500 | $51.15 | $1.05M |
| Grant/Award | Common Stock | 2,040 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The Restricted Performance Shares granted in 2023 have vested upon meeting performance criteria. Options vest ratably over three years beginning one year from date of grant
FAQ
What insider transactions did WABC executive Brian J. Donohoe report?
Brian J. Donohoe, SVP/Chief Information Officer of Westamerica Bancorporation (WABC), reported receiving 20,500 non-qualified stock options at an exercise price of $51.15 per share and acquiring 2,040 common shares at $0 per share on January 22, 2026.
What are the vesting terms of the new WABC stock options reported on this Form 4?
The 20,500 non-qualified stock options granted on January 22, 2026 vest ratably over three years, beginning one year from the date of grant, with an exercise price of $51.15 per share.
What role does Brian J. Donohoe hold at Westamerica Bancorporation (WABC)?
Brian J. Donohoe is an officer of Westamerica Bancorporation, serving as SVP/Chief Information Officer, as disclosed in the Form 4.