Ensinger George S 4
Research Summary
AI-generated summary
Westamerica (WABC) SVP George Ensinger Receives 2,806-Share Award
What Happened
George S. Ensinger, Senior Vice President and Human Resources Division Manager at Westamerica Bancorporation (WABC), received three awards/vestings on 2026-01-22 totaling 2,806 shares (408 + 1,412 + 986). Each line is reported at $0.00 per share (award/vesting of restricted/performance shares), so the transaction shows no cash paid by the insider.
Key Details
- Transaction date: 2026-01-22 (all three awards). Reported acquisition type: A (award/grant).
- Reported price: $0.00 per share for each grant/vesting line.
- Total shares in this filing: 2,806 shares.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes from the filing:
- F1: Includes shares from dividend reinvestment.
- F2–F4: These represent prorated vesting of Restricted Performance Shares granted in prior years — 91.7% (2023 grant), 58.3% (2024 grant), and 25% (2025 grant) vested upon meeting performance criteria.
- Filing date: 2026-01-26. This filing date is within the SEC Form 4 reporting window (filed two business days after the Jan 22 transaction).
Context
These transactions are awards/vestings of restricted/performance shares as part of compensation, not open-market purchases or sales. Such awards reflect fulfillment of performance or vesting conditions and do not, by themselves, indicate a buying or selling decision by the insider.