Form 4: Wintrust Financial Corp Director H. Patrick Hackett Jr. Acquires Additional Shares

H. Patrick Hackett Jr., a director at Wintrust Financial Corp, acquired 15 shares of common stock at $92.75 per share on March 31, 2024, as part of the Director's Deferred Fee and Stock Plan.

Summary

• On March 31, 2024, H. Patrick Hackett Jr., a director of Wintrust Financial Corp, acquired 15 shares of common stock.
• The shares were acquired at a price of $92.75 per share.
• This transaction was part of the Director's Deferred Fee and Stock Plan.
• Following the transaction, Hackett directly owns 47,251 shares of Wintrust Financial Corp.
• The acquisition represents shares earned for the first quarter of 2024 for services as a Director of the Company.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director increasing their holdings is a slightly positive signal.

Positives

• The director's continued investment in the company may signal confidence in its future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding insider transactions.

Key Dates