Form 4: Wintrust Financial Corp Director H. Patrick Hackett Jr. Acquires Shares
SEC Form 4
Director H. Patrick Hackett Jr. acquired 14 shares of Wintrust Financial Corp common stock on September 30, 2024, at a price of $98.56 per share.
Summary
- On September 30, 2024, H. Patrick Hackett Jr., a director of Wintrust Financial Corp, acquired 14 shares of common stock.
- The shares were acquired at a price of $98.56 per share.
- This acquisition increased Hackett's direct ownership to 47,278 shares.
- The acquisition was part of the Director's Deferred Fee and Stock Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock acquisition by a company director, indicating a neutral sentiment.
Positives
- The director's participation in the Director's Deferred Fee and Stock Plan demonstrates alignment with shareholder interests.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is typical for directors receiving stock as part of their compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired by a director as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: H. Patrick Hackett Jr. acquired 14 shares of Wintrust Financial Corp common stock. |
| 10/02/2024 | Date of signature: Kathleen M. Boege, Attorney-in-fact, signed the Form 4 on behalf of H. Patrick Hackett Jr. |
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