Form 4: WAFD EVP & Chief Consumer Banker Reports Stock Transactions

Cathy E. Cooper, EVP & Chief Consumer Banker at WAFD Inc., reported the disposition of common stock, including shares withheld for tax, and updated her beneficial ownership.

Summary

• Cathy E. Cooper, EVP & Chief Consumer Banker of WAFD Inc., reported transactions involving common stock on October 31, 2025.
• 11,296 shares of common stock were disposed of at a price of $0, likely representing a vesting event of equity awards.
• Concurrently, 2,982 shares were disposed of at $29.03, marked with transaction code 'F', indicating shares withheld for tax liability.
• Following these transactions, Ms. Cooper directly beneficially owns 78,143 shares of common stock.
• She also indirectly beneficially owns 10,486 shares through a 401(k) plan.
• Holdings include shares acquired through dividend reinvestment transactions.
• Beneficial ownership also includes 36,115 stock units awarded pursuant to a Supplemental Executive Retirement Plan (SERP) for the reporting person.

Sentiment

Score: 5

Explanation: This is a routine Form 4 filing reporting insider transactions related to executive compensation, specifically vesting and tax withholding. It does not contain information that would significantly alter the company's fundamental outlook or performance.

Positives

• The disposition of 11,296 shares at $0 likely represents the vesting of equity awards, indicating compensation for the executive.
• The inclusion of 36,115 stock units in a Supplemental Executive Retirement Plan (SERP) aligns the executive's long-term interests with the company's performance.
• Holdings include shares acquired through dividend reinvestment, indicating continued investment in the company.

Negatives

• The disposition of 2,982 shares at $29.03 for tax purposes reduces the executive's direct share count, though this is a standard practice for equity compensation.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This filing is a routine disclosure of insider trading activity, common across all publicly traded companies, reflecting executive compensation and ownership changes. It does not provide broader industry trends.

Comparison to Industry Standards

• Form 4 filings are standard regulatory disclosures for insider transactions across all industries.
• The nature of the transactions (vesting, tax withholding) is typical for executive equity compensation plans in publicly traded companies.

Related Party Transactions

• The transactions involve an executive and the company's stock, which is a form of related-party dealing (executive compensation), but no unusual or specific related-party transactions beyond standard compensation are detailed.

Stakeholder Impact

• Shareholders: Minimal impact, as these are routine executive compensation-related transactions.
• Employees: No direct impact on general employees.
• Customers/Suppliers/Creditors: No direct impact.

Key Dates

Keywords

WAFD INC, WAFD, Insider Transaction, Form 4, Cathy E. Cooper, Common Stock, Executive Compensation, Stock Units, SERP, Beneficial Ownership, EVP & Chief Consumer Banker