Director at Westamerica (NASDAQ: WABC) adds 61-share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESTAMERICA BANCORPORATION director Inez Wondeh bought common stock in an open-market trade. On this transaction date, Wondeh purchased 61 shares of common stock at a price of $53.785 per share. After the purchase, Wondeh directly owned 1,007 common shares. The filing also lists an indirect ownership line showing zero common shares held indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 61 shares ($3,281)
Net Buy
2 txns
Insider
Wondeh Inez
Role
null
Bought
61 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 61 | $53.785 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,007 shares (Direct, null);
Common Stock — 0 shares (Indirect, N/A)
Footnotes (1)
Key Figures
Shares purchased: 61 shares
Purchase price: $53.785 per share
Direct holdings after trade: 1,007 shares
+1 more
4 metrics
Shares purchased
61 shares
Open-market purchase of common stock
Purchase price
$53.785 per share
Price paid for common stock
Direct holdings after trade
1,007 shares
Common stock held directly after purchase
Net insider share change
61 shares (net buy)
Net result across reported transactions
Key Terms
open-market purchase, non-derivative, indirect ownership, Form 4
4 terms
open-market purchase financial
"transaction_action: open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
"transaction_type: non-derivative common stock entry"
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: N/A"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for WESTAMERICA BANCORPORATION"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WABC director Inez Wondeh report?
Director Inez Wondeh reported buying 61 shares of WESTAMERICA BANCORPORATION common stock. The transaction was an open-market purchase at $53.785 per share, increasing Wondeh’s directly owned stake to 1,007 shares as reflected in the Form 4 filing.
Was the WABC insider transaction a buy or a sell?
The WESTAMERICA BANCORPORATION insider transaction was a buy. Director Inez Wondeh executed an open-market purchase of 61 common shares at $53.785 per share, increasing directly held ownership to a total of 1,007 common shares following the transaction.
Does the Form 4 show any indirect WESTAMERICA (WABC) holdings for Inez Wondeh?
The Form 4 includes an indirect ownership line for WESTAMERICA BANCORPORATION common stock showing zero shares. This indicates that, as of the reported date, Inez Wondeh held no indirect common stock position, with holdings confined to 1,007 shares owned directly.