Form 4: Waterstone Financial Director Stephen J. Schmidt Executes Stock Transactions

Director Stephen J. Schmidt of Waterstone Financial, Inc. engaged in multiple transactions involving the company's common stock and stock options on November 12th and 13th, 2024.

Summary

• Stephen J. Schmidt, a director at Waterstone Financial, Inc., executed several transactions involving the company's common stock on November 12th and 13th, 2024.
• On November 12th, Schmidt exercised stock options to acquire 2,687 shares at $12.75 per share and sold 1,803 shares at prices ranging from $15.75 to $15.97.
• On November 13th, Schmidt exercised stock options to acquire 1,249 shares at $12.75 per share and sold 1,249 shares at prices ranging from $15.75 to $15.765.
• Following these transactions, Schmidt's direct holdings decreased to 70,078 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by a company director, and does not indicate any positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. These transactions are a normal part of executive compensation and portfolio management.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and the transactions reported are typical for directors exercising stock options and selling shares.
• The reported transactions are similar to those of other directors and officers in comparable financial institutions.

Stakeholder Impact

• The transactions may have a minor impact on the stock price due to the volume of shares sold by the director.

Key Dates

Keywords

Waterstone Financial, stock transactions, insider trading, Form 4, Stephen J. Schmidt, stock options, common stock, director