Form 4: Waterstone Financial Director Kristine A. Rappe Executes Stock Option Sales
SEC Form 4 Filing
Director Kristine A. Rappe of Waterstone Financial, Inc. reports exercising stock options and selling shares on February 4th and 5th, 2025.
Summary
- Kristine A. Rappe, a director of Waterstone Financial, Inc., reported transactions involving the company's common stock.
- On February 4, 2025, Rappe exercised options to acquire 4,760 shares at $12.75 per share and sold the same amount at a weighted average price of $13.7653 per share.
- On February 5, 2025, Rappe exercised options to acquire 10,270 shares at $12.75 per share and sold the same amount at a weighted average price of $13.7542 per share.
- Following these transactions, Rappe directly owns 27,318 shares of common stock and holds options for 22,185 shares.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider trading activity. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.
Comparison to Industry Standards
- Insider trading activity is a normal part of the stock market, and is regulated by the SEC.
- Directors often have stock options as part of their compensation, and their exercise and sale is a common occurrence.
- The filing is consistent with SEC regulations and reporting requirements for insider transactions, similar to filings made by directors and officers of comparable financial institutions.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely to be negligible.
Key Dates
| Date | Description |
|---|---|
| 03/04/2016 | Original date of stock options that were exercised. |
| 03/04/2025 | Expiration date of stock options that were exercised. |
| 02/04/2025 | Date of first transaction: exercise of options and sale of shares. |
| 02/05/2025 | Date of second transaction: exercise of options and sale of shares. |
| 02/06/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Waterstone Financial, WSBF, Stock Options, Director, Rappe, Insider Trading, Securities Exchange Act
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