West Coast Community director lists 72,340 shares
Director James L. Weisenstein reports direct and indirect ownership positions in West Coast Community Bancorp common stock.
Rhea-AI Filing Summary
West Coast Community Bancorp (WCCB) reported initial beneficial ownership information for director James L. Weisenstein. He holds 3,000 shares of common stock directly, and additional shares indirectly through a family trust and an IRA. Indirect holdings include 72,340 shares as trustee of the Weisenstein Family Trust and 792 shares held in an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Weisenstein James L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,000 shares (Direct);
Common Stock — 72,340 shares (Indirect, Self as Trustee of the Weisenstein Family Trust);
Common Stock — 792 shares (Indirect, IRA)
Key Figures
Directly held common stock: 3,000 shares
Indirect common stock via Weisenstein Family Trust: 72,340 shares
Indirect common stock via IRA: 792 shares
3 metrics
Directly held common stock
3,000 shares
Shares of West Coast Community Bancorp common stock held directly by James L. Weisenstein
Indirect common stock via Weisenstein Family Trust
72,340 shares
Indirect holdings as Self as Trustee of the Weisenstein Family Trust
Indirect common stock via IRA
792 shares
Indirect holdings of West Coast Community Bancorp common stock in an IRA
Key Terms
Indirect ownership, Trustee, IRA
3 terms
Indirect ownership financial
"Indirect holdings include 72,340 shares as trustee and 792 shares in an IRA"
Trustee financial
"Indirect holdings include 72,340 shares as trustee of the Weisenstein Family Trust"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
IRA financial
"Indirect holdings include 792 shares held in an IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 for WCCB disclose about James L. Weisenstein's holdings?
It discloses that director James L. Weisenstein beneficially owns 3,000 shares of West Coast Community Bancorp common stock directly, plus indirect holdings through a family trust and an IRA totaling 72,340 and 792 shares, respectively.
What indirect WCCB holdings does James L. Weisenstein report through the Weisenstein Family Trust?
He reports indirect ownership of 72,340 shares of West Coast Community Bancorp common stock as “Self as Trustee of the Weisenstein Family Trust.”
Does the WCCB Form 3 show any recent purchases or sales by James L. Weisenstein?
No. The Form 3 lists only holding entries for James L. Weisenstein’s direct and indirect positions; it does not report any purchase or sale transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
