Form 4: WAFD Inc. Executive James Endrizzi Reports Stock Acquisition

Executive Vice President and Chief Commercial Banker of WAFD Inc., James Endrizzi, acquired 16,965 shares of common stock at $37.43 per share on November 12, 2024.

Summary

• James Endrizzi, an Executive Vice President and Chief Commercial Banker at WAFD Inc., reported a transaction involving the company's stock.
• On November 12, 2024, Endrizzi acquired 16,965 shares of common stock at a price of $37.43 per share.
• Following this transaction, Endrizzi's total direct holdings in WAFD Inc. common stock increased to 133,693 shares.
• Endrizzi also holds 222 shares of common stock indirectly through a 401(k) and 748 depositary shares of Series A Preferred Stock directly.
• The report also notes that 69,817 of the common stock shares are stock units awarded through a Supplemental Executive Retirement Plan (SERP).

Sentiment

Score: 6

Explanation: The document is a neutral report of an executive's stock transaction. It doesn't indicate positive or negative sentiment, but rather a routine disclosure.

Positives

• The acquisition of shares by a high-ranking executive could be seen as a positive sign of confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the transactions of company executives.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The reporting of stock acquisitions by executives is a common occurrence across the financial industry, with similar filings made by executives at comparable companies such as Bank of America, JP Morgan Chase, and Wells Fargo.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to the executive's increased investment in the company.

Key Dates

Keywords

WAFD Inc, James Endrizzi, stock acquisition, insider trading, common stock, executive, SERP, preferred stock