---
schema_version: "secwatch.filing_event.v1"
accession: "0001166928-22-000029"
form_type: "8-K"
ticker: "WTBA"
cik: "0001166928"
company_name: "WEST BANCORPORATION INC"
filed_at: "2022-03-22T23:59:59+00:00"
generated_at: "2026-06-26T20:37:08.459635+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# West Bancorporation discloses actual 2021 bonus awards for named executive officers

## Summary
- Actual 2021 bonuses set at 49.48% of base salary (82.47% of max), vs proxy estimate of 50.12% based on 9-month peer data.
- CEO David D. Nelson received $239,979; four other NEOs each received $163,285 or $136,071 (Bradley P. Peters).
- Revised Summary Compensation Table for 2021 includes updated Non-Equity Incentive Plan Compensation and total compensation for each NEO.
- Compensation determined after full-year peer group performance data became available after proxy filing.

## SEC filing metadata
- accession: 0001166928-22-000029
- form_type: 8-K
- ticker: WTBA
- cik: 0001166928
- company_name: WEST BANCORPORATION INC
- filed_at: 2022-03-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166928/000116692822000029/0001166928-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166928/000116692822000029/wtba-20220321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001166928-22-000029
- JSON: https://secwatch.observer/filing/0001166928-22-000029.json
- Plain text: https://secwatch.observer/filing/0001166928-22-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.