Jonas Anela Marya 4
Research Summary
AI-generated summary
WABC CFO Jonas Anela Marya Receives Award of 23,500 Shares
What Happened
Jonas Anela Marya, SVP and Chief Financial Officer of Westamerica Bancorporation (WABC), was granted a derivative award covering 23,500 shares at $51.15 per share, with a reported aggregate value of $1,202,025. The Form 4 reports the transaction date as 2026-01-22 and the filing date as 2026-01-26.
Key Details
- Transaction date: 2026-01-22; Form 4 filed: 2026-01-26 (timely).
- Transaction type/code: A — Grant/award or other acquisition (derivative).
- Quantity & price: 23,500 shares @ $51.15 each = $1,202,025.
- Vesting/footnote: Footnote F1 — awards vest ratably over three years beginning one year from the date of grant.
- Shares owned after transaction: Not disclosed in the provided filing.
- No sale or exercise reported — this is a compensation grant, not an open-market purchase.
Context
This filing records a compensation-related derivative grant (commonly stock options or RSUs) rather than a personal cash purchase or sale. Such awards are routine for executives and are subject to vesting conditions described above, so they do not necessarily indicate immediate insider sentiment about the stock.