Form 4: Wintrust Financial Corp Director Deborah L. Hall Lefevre Acquires Shares for Q3 2024 Director Services

Director Deborah L. Hall Lefevre acquired 578 shares of Wintrust Financial Corp common stock on September 30, 2024, as compensation for her services as a director during the third quarter of 2024.

Summary

• On September 30, 2024, Deborah L. Hall Lefevre, a director of Wintrust Financial Corp, acquired 578 shares of common stock.
• The acquisition was a result of services provided as a director during the third quarter of 2024, according to the Director's Deferred Fee and Stock Plan.
• The price per share was $98.56.
• Following the transaction, Lefevre directly owns 13,346 shares of Wintrust Financial Corp.
• The transaction was filed as a Form 4 with the SEC.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares indicates confidence in the company, but it's a routine transaction related to compensation.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

This type of transaction is common for directors of publicly traded companies, who often receive stock as part of their compensation package. It aligns the director's interests with those of the shareholders.

Comparison to Industry Standards

• Director compensation packages vary widely across the financial services industry.
• Stock grants are a common component, often vesting over time to incentivize long-term commitment.
• Comparing Lefevre's compensation to that of directors at similar-sized regional banks (e.g., First Midwest Bancorp, MB Financial) would provide a more detailed benchmark.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates