Form 4: WAFD Inc. Executive Cathy E. Cooper Reports Changes in Beneficial Ownership

EVP and Chief Consumer Banker Cathy E. Cooper reported a disposition of WAFD Inc. common stock to cover tax obligations, while still holding a significant number of shares directly and indirectly.

Summary

• On October 31, 2024, Cathy E. Cooper, EVP & Chief Consumer Banker of WAFD INC [WAFD], reported a transaction involving the disposition of 7,528 shares of common stock at a price of $33.98.
• This transaction was likely to cover tax obligations.
• Following the transaction, Cooper directly owns 81,750 shares of WAFD INC.
• Cooper also indirectly owns 10,136 shares through a 401(k).
• The reported holdings include shares acquired through dividend reinvestment transactions.
• Cooper also holds 34,909 stock units awarded pursuant to a Supplemental Executive Retirement Plan (SERP).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by an executive. The disposition of shares is likely for tax purposes, which is a normal occurrence.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates changes in the holdings of a key executive at WAFD INC, which is relevant to investors monitoring management's stake in the company.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects an executive's decision to manage their personal finances, but the overall holdings remain substantial.

Key Dates