Form 4: Wintrust Financial Corp Director H. Patrick Hackett Jr. Acquires Additional Shares
SEC Form 4
Director H. Patrick Hackett Jr. acquired 13 shares of Wintrust Financial Corp (WTFC) common stock on December 31, 2024, at a price of $108.53 per share.
Summary
- On December 31, 2024, H. Patrick Hackett Jr., a director of Wintrust Financial Corp, acquired 13 shares of common stock.
- The shares were acquired at a price of $108.53 per share.
- This acquisition increased Hackett's direct ownership to 47,291 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: The sentiment is neutral. It's a routine transaction related to director compensation. While insider buying can be seen as positive, this is part of a pre-approved plan.
Positives
- The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: H. Patrick Hackett Jr. acquired 13 shares of Wintrust Financial Corp common stock. |
| 01/03/2025 | Date of report filing. |
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