Form 4: WAFD Executive Plans Future Stock Sale Under 10b5-1 Plan

WAFD Inc.'s EVP & Chief Consumer Banker, Cathy E. Cooper, has filed a Form 4 detailing a planned sale of 5,300 common shares on February 6, 2026.

Summary

• Cathy E. Cooper, EVP & Chief Consumer Banker at WAFD Inc., has filed a Form 4 indicating a planned sale of 5,300 shares of common stock.
• The transaction is scheduled to occur on February 6, 2026, at a price of $33.77 per share.
• This planned sale is being made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, which allows insiders to pre-arrange stock trades.
• Following this planned transaction, Cooper will beneficially own 94,755 shares directly and 10,572 shares indirectly through a 401(k) plan.
• The direct ownership includes 36,418 stock units awarded under a Supplemental Executive Retirement Plan (SERP) for the reporting person's benefit.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It reports a routine, pre-planned insider stock sale under a 10b5-1 plan, which is a common practice for executive financial management and does not inherently signal positive or negative company performance.

Negatives

• While a planned sale under a 10b5-1 plan is a routine event for executive liquidity and diversification, some investors may interpret any insider selling, even pre-scheduled, as a potential signal, though this is not necessarily indicative of a lack of confidence.

Future Outlook

The filing details a pre-planned future transaction by an executive, scheduled for February 6, 2026, under a Rule 10b5-1 plan. It does not provide broader forward-looking statements or guidance regarding the company's performance or strategic direction.

Industry Context

StockSavvy.ai notes that planned insider sales under Rule 10b5-1 plans are a common practice among corporate executives. These plans allow insiders to sell a predetermined number of shares at a predetermined time or price, providing liquidity and diversification while mitigating concerns about trading on material non-public information. Such filings are routine disclosures required by the SEC.

Stakeholder Impact

• Shareholders: May observe the planned insider sale, which is a routine event for executive liquidity and diversification. The sale is pre-scheduled under a 10b5-1 plan, which is designed to avoid concerns about trading on non-public information.

Key Dates

Keywords

WAFD, insider trading, stock sale, Form 4, Cathy E Cooper, executive, common stock, 10b5-1 plan