WABC CIO reports 1,010-share tax-withholding disposition
Westamerica Bancorporation executive reports tax-withholding share disposition.
Rhea-AI Filing Summary
Westamerica Bancorporation executive reports tax-withholding share disposition. SVP and Chief Information Officer Brian J. Donohoe reported a Form 4 transaction involving common stock tied to vested equity awards.
On March 2, 2026, a trust associated with Donohoe disposed of 1,010 shares of common stock at $50.90 per share in a tax-withholding disposition related to vesting of 2,040 Restricted Performance Shares in January 2026. These shares were withheld to cover the tax liability rather than sold in an open-market trade.
After this transaction, indirect holdings by trust stood at 3,814 shares. Donohoe also reported 46.8411 shares of common stock held directly and 2,052.978 shares held indirectly through an ESOP, reflecting his remaining ownership positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,010 | $50.90 | $51K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Of the 2,040 Restricted Performance Shares that vested January 2026, 1,010 shares were withheld to pay the tax liability.
FAQ
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