Form 4: Waterstone Financial Director Stephen J. Schmidt Executes Stock Transactions
SEC Form 4 Filing
Director Stephen J. Schmidt of Waterstone Financial, Inc. engaged in multiple transactions involving the company's common stock and stock options on November 25, 2024.
Summary
- Stephen J. Schmidt, a director at Waterstone Financial, Inc., executed several transactions on November 25, 2024.
- These transactions included the acquisition of 2,194 shares of common stock through the exercise of stock options at a price of $12.75 per share.
- Schmidt also disposed of 1,653 shares of common stock through multiple sales at prices ranging from $15.75 to $15.865 per share.
- Following these transactions, Schmidt's direct holdings in Waterstone Financial common stock decreased to 70,078 shares.
- Schmidt also holds 50,344 stock options.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock transactions by a company director. It doesn't indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. These filings are closely watched by investors for insights into management's view of the company's prospects.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, and this filing is consistent with those requirements.
- The transactions are typical for directors who may exercise stock options and sell shares for personal financial management.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the volume of shares sold, but it is not expected to be significant.
Key Dates
| Date | Description |
|---|---|
| 03/04/2016 | Date the stock options were granted. |
| 11/25/2024 | Date of the stock transactions. |
| 11/27/2024 | Date the Form 4 was signed. |
| 03/04/2025 | Expiration date of the stock options. |
Keywords
Waterstone Financial, WSBF, Stephen J. Schmidt, stock options, insider trading, Form 4, common stock, director
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