Form 4: Wintrust Financial Corp CFO David Stoehr Sells Shares
SEC Filing
David Stoehr, CFO of Wintrust Financial Corp, sold 2,363 shares of common stock at an average price of $131.32 on January 28, 2025.
Summary
- On January 28, 2025, David L Stoehr, the Chief Financial Officer of Wintrust Financial Corp, sold 2,363 shares of the company's common stock.
- The sale was executed at a weighted average price of $131.32 per share.
- The prices for individual transactions ranged from $130.72 to $132.36.
- Following the reported transaction, Stoehr directly owns 19,858 shares of Wintrust Financial Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the market's reaction to insider sales can vary.
Industry Context
Insider trading activity is always closely watched by investors as it can provide insights into management's perspective on the company's current valuation and future prospects. However, it's important to note that there can be many reasons for insider sales, including diversification, tax planning, or personal financial needs.
Comparison to Industry Standards
- It's difficult to compare this transaction directly to industry standards without knowing the specific compensation structure and stock ownership guidelines for executives at comparable financial institutions.
- However, insider sales are a common occurrence, and the significance of this sale would depend on its size relative to Stoehr's total holdings and the trading patterns of other insiders at Wintrust and similar companies like Northern Trust or Fifth Third Bancorp.
Stakeholder Impact
- The sale of shares by a high-ranking officer could potentially create uncertainty among shareholders, depending on the context and the size of the transaction.
- However, without additional information, it's difficult to assess the specific impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of the transaction: David Stoehr sold 2,363 shares of Wintrust Financial Corp common stock. |
| 01/29/2025 | Date of the report: Form 4 filing date. |
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