West Bancorporation (WTBA) awards 1,430 RSUs to director

Rhea-AI Filing Summary

Vaughan Therese M reported acquisition or exercise transactions in this Form 4 filing.

West Bancorporation Inc director Therese M. Vaughan received a grant of 1,430 shares of common stock as a stock-based award. The shares were issued via restricted stock units that vest on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting at which directors stand for re-election. Following this grant, she directly holds 14,581 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Vaughan Therese M

Role null

Type	Security	Shares	Price	Value
Grant/Award	COMMON STOCK	1,430	$0.00	--

Holdings After Transaction: COMMON STOCK — 14,581 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 1,430 shares Grant price: $0.00 per share Total shares after grant: 14,581 shares +2 more

5 metrics

Shares granted 1,430 shares Restricted stock unit grant of common stock

Grant price $0.00 per share Compensation-related stock award, not open-market buy

Total shares after grant 14,581 shares Director’s direct holdings following the transaction

Vesting trigger 1 One-year anniversary RSUs vest on the one-year anniversary of grant date

Vesting trigger 2 Next annual meeting Alternatively vests at next annual meeting with director elections

Key Terms

restricted stock units, grant, vest, annual meeting of the Company's stockholders

4 terms

restricted stock units financial

"Shares were acquired pursuant to a grant of restricted stock units which vest as of the earlier to occur..."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

grant financial

"Shares were acquired pursuant to a grant of restricted stock units which vest as of the earlier to occur..."

vest financial

"restricted stock units which vest as of the earlier to occur of 1) the one-year anniversary..."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

annual meeting of the Company's stockholders financial

"or 2) the next regularly scheduled annual meeting of the Company's stockholders where directors stand..."

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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^*

Vaughan Therese M

(Last) (First) (Middle)

4632 ELM STREET

(Street)

WEST DES MOINES IOWA 50265

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WEST BANCORPORATION INC [ WTBA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/23/2026		A		1,430(1)	A	$0	14,581	D

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

Explanation of Responses:

1. Shares were acquired pursuant to a grant of restricted stock units which vest as of the earlier to occur of 1) the one-year anniversary of the grant date, or 2) the next regularly scheduled annual meeting of the Company's stockholders where directors stand for re-election.

Remarks:

	/s/ Melissa L. Gillespie, By Power of Attorney	04/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did West Bancorporation (WTBA) disclose in this Form 4 filing?

The Form 4 shows director Therese M. Vaughan received 1,430 shares of West Bancorporation common stock as a grant. These shares were issued through restricted stock units with specific vesting conditions tied to time and the next annual stockholder meeting.

How many West Bancorporation (WTBA) shares were granted to the director?

Therese M. Vaughan was granted 1,430 shares of West Bancorporation common stock. The transaction was reported at a price of $0.00 per share, indicating a compensation-related stock award rather than an open-market purchase, consistent with a restricted stock unit grant.

What are the vesting terms of the WTBA restricted stock units granted?

The restricted stock units vest on the earlier of two events: the one-year anniversary of the grant date, or the next regularly scheduled annual meeting of West Bancorporation stockholders at which directors stand for re-election. This creates a time- and service-based vesting framework for the award.

How many West Bancorporation (WTBA) shares does the director hold after this grant?

After receiving the 1,430-share grant, Therese M. Vaughan directly holds 14,581 shares of West Bancorporation common stock. This total reflects her position immediately following the reported transaction and helps show the scale of the award relative to her overall holdings.

Was this WTBA Form 4 transaction an open-market buy or sell?

No. The Form 4 identifies the transaction with code “A” for a grant, award, or other acquisition, and a price of $0.00 per share. This indicates compensation-related stock, not an open-market purchase or sale of West Bancorporation shares by the director.