Form 4: Wintrust Financial Corp Director H. Patrick Hackett Jr. Acquires Additional Shares
SEC Form 4 Filing
Director H. Patrick Hackett Jr. of Wintrust Financial Corp acquired 13 shares of common stock at $104.39 per share on June 30, 2024, according to a Form 4 filing.
Summary
- On June 30, 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 $104.39 per share.
- This acquisition increases Hackett's direct ownership to 47,264 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.
Positives
- The acquisition reflects the director's continued investment in the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade their company's stock. These filings provide transparency to the market regarding the actions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: H. Patrick Hackett Jr. acquired 13 shares of common stock. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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