Form 4: WAFD Inc. Executive Kelli Holz Reports Stock Acquisition and Option Holdings

Kelli Holz, EVP & CFO of WAFD Inc., acquired 16,965 shares of common stock at $37.43 per share on November 12, 2024, and holds various stock options.

Summary

• Kelli Holz, the EVP & CFO of WAFD Inc., reported a transaction on November 12, 2024, where she acquired 16,965 shares of WAFD common stock at a price of $37.43 per share.
• Following this transaction, Ms. Holz directly owns 103,846 shares of WAFD common stock, which includes 49,870 stock units awarded through a Supplemental Executive Retirement Plan (SERP).
• Ms. Holz also holds several non-qualified stock options with varying exercise prices and expiration dates, including options to purchase 607 shares at $32.49, 1,276 shares at $26.12, 652 shares at $36.46, and 564 shares at $28.16.

Sentiment

Score: 6

Explanation: The document is a neutral report of insider transactions. It doesn't indicate any positive or negative sentiment about the company's performance, but the acquisition of shares by the CFO could be seen as a positive sign.

Positives

• The acquisition of 16,965 shares by the CFO could be seen as a positive sign of confidence in the company's future performance.
• The ownership of a significant number of shares and stock options aligns the CFO's interests with those of the shareholders.

Industry Context

This filing is a routine disclosure of insider transactions, which is common in the financial industry. It provides transparency into the holdings of company executives.

Comparison to Industry Standards

• Executive stock ownership and option grants are standard practice across the financial industry, including companies like JPMorgan Chase, Bank of America, and Wells Fargo.
• The specific terms of the options, such as exercise price and expiration dates, are typical for executive compensation packages.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement for all publicly traded companies.

Stakeholder Impact

• The stock acquisition by the CFO could be viewed positively by shareholders, indicating confidence in the company's future.
• The disclosure provides transparency to all stakeholders regarding executive compensation and ownership.

Key Dates

Keywords

WAFD, stock acquisition, stock options, executive compensation, insider trading, SEC Form 4, Kelli Holz, SERP