Form 4: Waterstone Financial Director Kristine A. Rappe Executes Stock Option Sales

Sentiment:

SEC Form 4 Filing


Director Kristine A. Rappe of Waterstone Financial, Inc. executed stock option exercises and subsequent sales of common stock on January 30th and 31st, 2025.

Summary

  • Kristine A. Rappe, a director at Waterstone Financial, Inc., exercised stock options and sold shares of common stock on January 30th and 31st, 2025.
  • On January 30th, 13,931 stock options were exercised at a price of $12.75 per share, and the resulting shares were then sold at a weighted average price of $13.8852.
  • The sales on January 30th occurred at prices ranging from $13.75 to $14.31 per share.
  • On January 31st, 19,879 stock options were exercised at $12.75 per share, and the resulting shares were sold at a weighted average price of $13.7615.
  • The sales on January 31st occurred at prices ranging from $13.75 to $13.90 per share.
  • Following these transactions, Ms. Rappe directly owns 27,318 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by a company director. It doesn't indicate positive or negative sentiment, but rather a routine disclosure.

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 company directors.

Comparison to Industry Standards

  • Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
  • The reported transactions are typical for directors who have stock options as part of their compensation package.
  • The weighted average sale prices are within a reasonable range of the exercise price, indicating a potential profit for the director.

Stakeholder Impact

  • The transactions may have a minor impact on the stock price due to the volume of shares sold.
  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
01/30/2025Kristine A. Rappe exercised 13,931 stock options and sold the resulting shares.
01/31/2025Kristine A. Rappe exercised 19,879 stock options and sold the resulting shares.
02/03/2025Date of filing of the Form 4.

Keywords

stock options, insider trading, form 4, director, common stock, securities, Waterstone Financial, WSBF

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