Form 4: Wintrust Financial Corp CFO David Stoehr Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


David Stoehr, CFO of Wintrust Financial Corp, reports acquiring 7,347 shares of common stock at $133.62 per share on January 23, 2025, and now beneficially owns 22,221 shares.

Summary

  • On January 23, 2025, David L. Stoehr, the Chief Financial Officer of Wintrust Financial Corp, acquired 7,347 shares of common stock.
  • The price per share was $133.62.
  • This acquisition was reported on a Form 4 filing with the SEC.
  • Following the transaction, Stoehr beneficially owns 22,221 shares of Wintrust Financial Corp common stock.
  • The reported holdings include 2,031 Restricted Stock Units awarded under the Company's 2022 Stock Incentive Plan, vesting on the third anniversary of the grant date.
  • It also includes 5,316 shares of stock awarded upon attainment of performance objectives under the Company's Long Term Incentive Program.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CFO's stock purchase is generally a good sign, but without additional context, it's difficult to gauge the overall impact.

Positives

  • The CFO's purchase of company stock could be interpreted positively by investors, signaling confidence in the company's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide investors with insights into the actions of company executives and their confidence in the company's prospects.

Stakeholder Impact

  • The CFO's stock purchase may positively influence shareholder sentiment.

Key Dates

DateDescription
01/23/2025Date of transaction: Acquisition of common stock.
01/27/2025Date of report filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.