Form 4: WAFD Inc. Executive Ryan Mauer Acquires Shares in Recent Transaction
SEC Form 4 Filing
Executive Vice President and Chief Credit Officer of WAFD Inc., Ryan Mauer, acquired 16,965 shares of common stock at a price of $37.43 per share on November 12, 2024.
Summary
- Ryan Mauer, EVP & Chief Credit Officer of WAFD Inc., acquired 16,965 shares of common stock on November 12, 2024.
- The purchase price was $37.43 per share.
- Following the transaction, Mauer's total direct holdings increased to 117,341 shares, which includes 59,844 stock units awarded through a Supplemental Executive Retirement Plan (SERP).
- Mauer also holds a non-qualified stock option for 618 shares at an exercise price of $28.16, which was granted on October 31, 2018, and expires on October 31, 2028.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction by an executive, which is generally viewed positively as it aligns management's interests with shareholders. There is no indication of any negative sentiment.
Positives
- The acquisition of shares by a high-ranking executive may signal confidence in the company's future performance.
- The purchase increases Mauer's stake in the company, aligning his interests with those of other shareholders.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of key personnel.
Comparison to Industry Standards
- SEC Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
- The transaction is typical for executives who receive stock options and awards as part of their compensation packages.
- The size of the transaction is not unusual for an executive at Mauer's level.
Stakeholder Impact
- The transaction may be viewed positively by shareholders as it indicates confidence from a key executive.
- The transaction has no direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 10/31/2018 | Date of grant for non-qualified stock option. |
| 11/12/2024 | Date of common stock acquisition. |
| 11/14/2024 | Date of signature on the SEC Form 4. |
| 10/31/2028 | Expiration date of non-qualified stock option. |
Keywords
WAFD Inc, Ryan Mauer, stock acquisition, executive, common stock, SERP, stock option, insider trading
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