Form 4: Wintrust Financial Corp Director Brian A. Kenney Acquires Shares as Part of Director's Compensation Plan
SEC Form 4 Filing
Director Brian A. Kenney acquired 361 shares of Wintrust Financial Corp common stock at $124.71 per share on March 31, 2025, as part of the Director's Deferred Fee and Stock Plan.
Summary
- On March 31, 2025, Brian A. Kenney, a director of Wintrust Financial Corp, acquired 361 shares of common stock.
- The shares were acquired at a price of $124.71 per share.
- This transaction was part of the Director's Deferred Fee and Stock Plan, which was approved by the shareholders.
- Following the transaction, Kenney directly owns 10,794 shares of Wintrust Financial Corp.
- The transaction was reported on April 2, 2025.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The director's acquisition of shares indicates confidence in the company, but it's a routine transaction.
Positives
- The acquisition of shares by a director demonstrates confidence in the company's future.
- The Director's Deferred Fee and Stock Plan aligns the interests of directors with those of shareholders.
Industry Context
This type of transaction is common for directors of publicly traded companies, as it aligns their interests with those of the shareholders.
Comparison to Industry Standards
- Director compensation in the form of stock is a common practice among publicly traded financial institutions.
- The amount of stock awarded to directors varies depending on the size and performance of the company.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Brian A. Kenney acquired 361 shares of Wintrust Financial Corp common stock. |
| 04/02/2025 | Date of filing: The Form 4 was filed on this date. |
Keywords
Wintrust Financial Corp, Director, Share Acquisition, Form 4, WTFC, Brian A. Kenney, Director's Deferred Fee and Stock Plan
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