Form 4: Wintrust Financial Corp Director Karin Gustafson Teglia Reports Acquisition of Common Stock

Karin Gustafson Teglia, a director of Wintrust Financial Corp, reported acquiring 49 shares of common stock at $92.75 per share on March 31, 2024, due to previously unreported shares earned for director services.

Summary

• On March 31, 2024, Karin Gustafson Teglia, a director of Wintrust Financial Corp, acquired 49 shares of common stock at a price of $92.75 per share.
• The acquisition was due to shares earned from the first quarter of 2024 for services as a Director of the Company in accordance with the Director's Deferred Fee and Stock Plan approved by the Shareholders that were inadvertently not reported.
• Following the transaction, Teglia directly owns 16,641 shares of Wintrust Financial Corp.
• The report was signed by Kathleen M. Boege, Attorney-in-fact, on March 5, 2025.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock acquisition by a director. The initial reporting error is a minor negative, but the correction is a positive.

Positives

• The director's increased stake in the company could be seen as a positive signal.

Negatives

• The initial failure to report the acquisition of shares could raise minor concerns about reporting accuracy.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The increased stake of a director may have a slightly positive impact on shareholder confidence.

Key Dates