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.

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

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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^*

DONOHOE BRIAN J

(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/Chief Information Officer

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	01/22/2026		A		2,040(1)	A	$0	2,086.8411	D
Common Stock								2,052.978	I	ESOP
Common Stock								4,824	I	By Trust

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		20,500		01/22/2027(2)	01/22/2036	Common Stock	20,500	$51.15	20,500	D

Explanation of Responses:

1. The Restricted Performance Shares granted in 2023 have vested upon meeting performance criteria.

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

	/s/ Brian J Donohoe	01/26/2026
	** 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 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.

Why did Brian J. Donohoe receive 2,040 WABC common shares at $0 per share?

The 2,040 common shares at $0 per share reflect the vesting of Restricted Performance Shares granted in 2023, which became earned and vested after meeting specified performance criteria.

How many WABC shares does Brian J. Donohoe own directly and indirectly after these transactions?

After the reported transactions, Brian J. Donohoe directly owns about 2,086.8411 WABC common shares. He also indirectly holds 2,052.978 shares through an ESOP and 4,824 shares through a trust.

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.

Does the Form 4 indicate any sale of WABC shares by Brian J. Donohoe?

No sale transactions are listed in this Form 4. The reported activity consists of a grant of non-qualified stock options and an acquisition of common shares due to vesting of performance-based restricted shares.