West Bancorporation (WTBA) investors approve directors, pay and auditor

Rhea-AI Filing Summary

West Bancorporation, Inc. reported results from its Annual Meeting of Stockholders held on April 23, 2026. Shareholders owning 14,049,876 shares were present in person or by proxy out of 16,940,785 shares outstanding as of February 13, 2026, representing about 82.9 percent and establishing a quorum.

All eight director nominees were elected, each receiving over 10.6 million votes in favor, with several above 10.9 million, and 3,046,597 broker non-votes recorded for each. Shareholders also approved, on a nonbinding basis, the 2025 executive compensation, with 10,573,274 votes for, 418,364 against, and 11,641 abstentions, plus 3,046,597 broker non-votes.

In addition, shareholders ratified the appointment of RSM US LLP as independent registered public accounting firm for the year ending December 31, 2026, with 13,719,188 votes for, 324,557 against, and 6,131 abstentions.

8-K Event Classification

2 items: 5.07, 9.01

2 items

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Shares outstanding: 16,940,785 shares Shares represented: 14,049,876 shares Quorum percentage: 82.9 percent +5 more

8 metrics

Shares outstanding 16,940,785 shares Common stock outstanding as of February 13, 2026

Shares represented 14,049,876 shares Shares present or by proxy at April 23, 2026 meeting

Quorum percentage 82.9 percent Portion of outstanding shares represented at the meeting

Say-on-pay votes for 10,573,274 votes Votes in favor of 2025 executive compensation

Say-on-pay votes against 418,364 votes Votes against 2025 executive compensation

Auditor ratification votes for 13,719,188 votes Votes for ratifying RSM US LLP for 2026

Auditor ratification votes against 324,557 votes Votes against ratifying RSM US LLP

Director support example 10,925,257 votes Votes for director John K. Sorensen

Key Terms

broker non-votes, quorum, nonbinding basis, independent registered public accounting firm, +1 more

5 terms

broker non-votes financial

"For | Withheld | Broker Non-Votes Lisa J. Elming | 10,623,848 | 379,431 | 3,046,597"

Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.

quorum financial

"which constituted a quorum for the Annual Meeting."

A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.

nonbinding basis financial

"Approval, on a nonbinding basis, of the 2025 executive compensation"

independent registered public accounting firm financial

"Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

record date financial

"The record date for determination of stockholders entitled to vote"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): April 23, 2026

WEST BANCORPORATION, INC.

(Exact name of registrant as specified in its charter)

Iowa			0-49677			42-1230603
(State or other jurisdiction of incorporation)			(Commission File Number)			(I.R.S. Employer Identification No.)

3330 Westown Parkway, West Des Moines, Iowa 50266

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: 515-222-2300

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common stock, no par value			WTBA			The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act. o

Item 5.07. Submission of Matters to a Vote of Security Holders.

The Company's Annual Meeting of Stockholders (the "Annual Meeting") was held on April 23, 2026. The record date for determination of stockholders entitled to vote at the Annual Meeting was February 13, 2026. There were 16,940,785 shares of common stock outstanding as of that date, with each such share being entitled to one vote. At the Annual Meeting, the holders of 14,049,876 shares, or approximately 82.9 percent of the outstanding shares, were represented in person or by proxy, which constituted a quorum for the Annual Meeting. The following proposals were voted on at the Annual Meeting:

Proposal 1 - Election of Directors

Eight directors were elected to serve for a one year term or until their successors are elected and qualified. The voting results to elect each director were as follows:

			For						Withheld						Broker Non-Votes
Lisa J. Elming			10,623,848						379,431						3,046,597
Steven K. Gaer			10,651,685						351,594						3,046,597
Douglas R. Gulling			10,918,882						84,397						3,046,597
Sean P. McMurray			10,650,623						352,656						3,046,597
David D. Nelson			10,919,163						84,116						3,046,597
Rosemary Parson			10,923,229						80,050						3,046,597
John K. Sorensen			10,925,257						78,022						3,046,597
Therese M. Vaughan			10,898,547						104,732						3,046,597

Proposal 2 - Approval, on a nonbinding basis, of the 2025 executive compensation disclosed in the Company's definitive proxy statement, which was filed with the Securities and Exchange Commission on March 3, 2026.

The voting results to approve the above proposal were as follows:

			For						Against						Abstain						Broker Non-Votes
Approval of 2025 executive compensation			10,573,274						418,364						11,641						3,046,597

Proposal 3 - Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026.

The voting results to ratify the above proposal were as follows:

			For						Against						Abstain						Broker Non-Votes
Ratification of RSM US LLP			13,719,188						324,557						6,131						—

Item 9.01 Financial Statements and Exhibits.

Exhibit Number						Description
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						West Bancorporation, Inc.
April 24, 2026			By:			/s/ Jane M. Funk
						Name: Jane M. Funk
						Title: Executive Vice President, Treasurer and Chief Financial Officer

FAQ

What was approved at West Bancorporation (WTBA) 2026 annual meeting?

Shareholders elected eight directors, approved 2025 executive compensation on an advisory basis, and ratified RSM US LLP as independent registered public accounting firm for the year ending December 31, 2026, confirming the company’s proposed board, pay program, and auditor.

How many WTBA shares were represented at the April 23, 2026 annual meeting?

A total of 14,049,876 West Bancorporation shares were represented in person or by proxy. This was out of 16,940,785 shares of common stock outstanding as of February 13, 2026, representing approximately 82.9 percent and establishing a valid meeting quorum.

Did WTBA shareholders approve 2025 executive compensation at the annual meeting?

Yes. West Bancorporation shareholders approved the 2025 executive compensation on a nonbinding advisory basis, with 10,573,274 votes for, 418,364 against, 11,641 abstentions, and 3,046,597 broker non-votes, indicating broad support for the company’s disclosed compensation program.

Which directors were elected at West Bancorporation’s 2026 annual meeting?

Shareholders elected eight directors: Lisa J. Elming, Steven K. Gaer, Douglas R. Gulling, Sean P. McMurray, David D. Nelson, Rosemary Parson, John K. Sorensen, and Therese M. Vaughan, each to serve a one-year term or until their successors are elected and qualified.

Was RSM US LLP ratified as WTBA’s independent auditor for 2026?

Yes. Shareholders ratified RSM US LLP as West Bancorporation’s independent registered public accounting firm for the year ending December 31, 2026, with 13,719,188 votes for, 324,557 against, and 6,131 abstentions, showing strong support for continuing with the same audit firm.

What quorum was achieved at West Bancorporation’s April 23, 2026 meeting?

The meeting reached quorum with 14,049,876 shares represented, about 82.9 percent of the 16,940,785 shares outstanding as of February 13, 2026. This satisfied the requirement for conducting official shareholder business and voting on the proposals presented.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.1 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB