WEST BANCORPORATION INC·4

Mar 26, 4:28 PM ET

Peters Bradley P 4

Research Summary

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WTBA EVP Bradley Peters Sells 6,111 Shares for Tax Withholding

What Happened

  • Bradley P. Peters, Executive Vice President of West Bancorporation, had 6,111 restricted stock unit (RSU) shares disposed/withheld on March 25, 2026 at $23.71 per share, totaling $144,892. The disposition was to satisfy payroll tax withholding upon the vesting and issuance of RSU shares (transaction code F).

Key Details

  • Transaction date and price: 2026-03-25 — 6,111 shares withheld at $23.71 each (total $144,892).
  • Transaction type/code: F — shares withheld to pay tax liability upon vesting (not an open-market sale).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1 — RSU shares were withheld to pay payroll taxes on vesting/issuance (March 25, 2026). F2 — 719 previously reported performance stock units did not vest because performance conditions were not met.
  • Filing timeliness: Report filed 2026-03-26 (within the typical Form 4 reporting window).

Context

  • This was an administrative withholding of shares to cover taxes on vested RSUs, a routine action that differs from an open-market sale or a targeted trade. The filing also notes 719 performance stock units failed to vest due to unmet performance criteria.