Form 4: Waterstone Financial Director Exercises Options and Sells Shares
SEC Form 4
Director Ellen Syburg Bartel exercised stock options and sold shares of Waterstone Financial, Inc. on September 4th and 5th, 2024.
Summary
- Ellen Syburg Bartel, a director of Waterstone Financial, Inc., engaged in transactions involving the company's common stock on September 4th and 5th, 2024.
- On both days, Bartel exercised stock options at a price of $12.75 per share.
- Following the exercise of options, Bartel sold shares at prices ranging from $15.005 to $15.04 per share.
- On September 4th, 110 options were exercised and shares were sold.
- On September 5th, 15,030 options were exercised and shares were sold in multiple transactions.
- After these transactions, Bartel directly owns 15,000 shares of common stock and 4,166 stock options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions. It's common for directors and officers to exercise stock options and sell shares for personal financial management.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 03/04/2016 | Date stock options were granted. |
| 03/04/2025 | Expiration date of stock options. |
| 09/04/2024 | Date of first reported transaction (option exercise and share sale). |
| 09/05/2024 | Date of second reported transaction (option exercise and share sale). |
| 09/06/2024 | Date of signature on the Form 4 filing. |
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