WINTERBOTTOM BRAD L 4
4 · WEST BANCORPORATION INC · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
West Bancorporation (WTBA) EVP Brad Winterbottom Withholds 6,162 Shares
What Happened
Brad L. Winterbottom, Executive Vice President of West Bancorporation (WTBA), had 6,162 restricted stock unit (RSU) shares withheld on March 25, 2026 to satisfy payroll tax obligations. The withholding was recorded at $23.71 per share, representing $146,101 of value. This was a tax-withholding disposition of vested awards (not an open-market sale or a purchase).
Key Details
- Transaction date: 2026-03-25; withholding price reported at $23.71 per share.
- Shares withheld/disposed: 6,162; total value of withheld shares: $146,101.
- Transaction code: F — payment of exercise price or tax liability via share withholding.
- Footnote: RSUs were withheld to pay payroll taxes upon vesting and issuance on March 25, 2026. Additionally, 719 previously reported performance stock units did not vest because performance conditions were not met.
- Filing: Reported on 2026-03-26 for a 2026-03-25 transaction (appears timely based on provided dates).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context
This was a routine tax-withholding disposition related to vested RSUs — common when companies issue restricted shares. Such withholdings reduce the newly issued shares to cover tax obligations and are not the same as an insider selling shares on the open market; they generally do not signal a change in insider sentiment.
Insider Transaction Report
- Tax Payment
COMMON STOCK
[F1][F2]2026-03-25$23.71/sh−6,162$146,101→ 148,589 total
- 6,607(indirect: By Spouse)
COMMON STOCK
- 26,058(indirect: By 401(k))
COMMON STOCK
Footnotes (2)
- [F1]Restricted stock units withheld to pay payroll taxes due upon vesting and issuance of restricted stock units shares on March 25, 2026.
- [F2]719 shares of previously reported performance stock units did not vest because the applicable performance conditions were not satisfied.