Westamerica Bancorporation (WABC) SVP receives 16,600 stock options at $51.15
Rhea-AI Filing Summary
Westamerica Bancorporation reported an equity compensation grant to senior executive Curtis Belton, who serves as SVP/Risk Officer. On 01/22/2026 he received a non-qualified stock option to buy 16,600 shares of common stock at an exercise price of $51.15 per share. The option becomes exercisable beginning 01/22/2027, vests in equal installments over three years from that date, and expires on 01/22/2036. Following this grant, Belton holds 16,600 derivative securities directly.
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FAQ
What insider transaction did Westamerica Bancorporation (WABC) report?
Westamerica Bancorporation reported a grant of non-qualified stock options to SVP/Risk Officer Curtis Belton covering 16,600 shares of common stock.
What is the exercise price of the new WABC stock options granted to Curtis Belton?
The non-qualified stock options granted to Curtis Belton have an exercise price of $51.15 per share.
When do Curtis Belton’s Westamerica (WABC) options vest and become exercisable?
The options begin to vest one year from the grant date and vest ratably over three years, with the option first exercisable on 01/22/2027.
When do the newly granted WABC options to Curtis Belton expire?
The non-qualified stock options granted on 01/22/2026 to Curtis Belton expire on 01/22/2036.
How many Westamerica (WABC) derivative securities does Curtis Belton own after this transaction?
After the reported grant, Curtis Belton beneficially owns 16,600 derivative securities (non-qualified stock options) directly.
What is Curtis Belton’s role at Westamerica Bancorporation (WABC)?
Curtis Belton is reported as an officer of Westamerica Bancorporation, serving as SVP/Risk Officer.