Westamerica Bancorporation (WABC) SVP receives 15,800 options and 1,360 vested shares

Rhea-AI Filing Summary

Westamerica Bancorporation insider equity awards: On January 22, 2026, SVP/Banking Division Manager Robert James Baker Jr. reported new equity awards in Westamerica Bancorporation common stock.

He was granted a non-qualified stock option to buy 15,800 shares at an exercise price of $51.15 per share. These options become exercisable starting January 22, 2027 and expire on January 22, 2036, and they vest ratably over three years beginning one year from the grant date.

He also acquired 1,360 shares of common stock at a reported price of $0, reflecting the vesting of restricted performance shares granted in 2023 after meeting performance criteria. Following these transactions, he directly holds 1,360 common shares and indirectly holds 3,573.767 shares through an ESOP.

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
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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^*

Baker Robert James Jr

(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/Banking Division Manager

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		1,360(1)	A	$0	1,360	D
Common Stock								3,573.767	I	ESOP

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		15,800		01/22/2027(2)	01/22/2036	Common Stock	15,800	$51.15	15,800	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/Robert James Baker, Jr.	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 transactions did WABC executive Robert James Baker Jr. report?

On January 22, 2026, SVP/Banking Division Manager Robert James Baker Jr. reported receiving a stock option grant and vested restricted performance shares in Westamerica Bancorporation (WABC) common stock.

How many Westamerica Bancorporation options were granted to Robert James Baker Jr.?

He was granted a non-qualified stock option for 15,800 shares of Westamerica Bancorporation common stock at an exercise price of $51.15 per share.

When do the newly granted WABC stock options vest and expire?

The options vest ratably over three years beginning one year from the January 22, 2026 grant date, are first exercisable on January 22, 2027, and expire on January 22, 2036.

What common stock did Robert James Baker Jr. acquire at $0 for WABC?

He acquired 1,360 shares of Westamerica Bancorporation common stock at a reported price of $0, representing restricted performance shares granted in 2023 that vested upon meeting performance criteria.

How many WABC shares does Robert James Baker Jr. own after these transactions?

After the reported transactions, he directly owns 1,360 shares of Westamerica Bancorporation common stock and indirectly owns 3,573.767 shares through an ESOP.

Is the WABC ESOP holding reported as direct or indirect ownership?

The 3,573.767 Westamerica Bancorporation shares are reported as indirect ownership with the nature of ownership listed as ESOP.