Form 4: Wintrust Financial Corp Director Alex E. Washington III Acquires Shares

Director Alex E. Washington III acquired 594 shares of Wintrust Financial Corp common stock on September 30, 2024, at a price of $98.56 per share.

Summary

• On September 30, 2024, Alex E. Washington III, a director of Wintrust Financial Corp, acquired 594 shares of common stock.
• The shares were acquired at a price of $98.56 per share.
• This acquisition increased Washington's direct ownership to 17,407 shares.
• The shares were earned for services as a Director of the Company in accordance with the Director's Deferred Fee and Stock Plan approved by the Shareholders.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction related to director compensation.

Positives

• Director's acquisition of shares demonstrates confidence in the company.
• The acquisition is part of the Director's Deferred Fee and Stock Plan, aligning director compensation with shareholder interests.

Industry Context

Form 4 filings are routine disclosures of insider transactions and provide transparency to the market regarding the buying and selling activities of company insiders.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders as it aligns the director's interests with theirs.

Key Dates