Form 4: Wintrust Financial Corp Director Peter D. Crist Acquires Additional Shares

Sentiment:

SEC Form 4 Filing


Director Peter D. Crist acquired 832 shares of Wintrust Financial Corp common stock on June 30, 2024, at a price of $104.39 per share, increasing his total holdings to 69,578 shares.

Summary

  • On June 30, 2024, Peter D. Crist, a director of Wintrust Financial Corp, acquired 832 shares of common stock.
  • The shares were acquired at a price of $104.39 per share.
  • This acquisition increased Crist's total holdings in Wintrust Financial Corp to 69,578 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 reflects a routine transaction by a company director, indicating continued investment in the company, but not necessarily a major shift in outlook.

Positives

  • The director's increased stake could be seen as a positive signal about their confidence in the company's future prospects.
  • The acquisition was part of the Director's Deferred Fee and Stock Plan, indicating a structured compensation approach.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's ongoing investment in the company.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder confidence.

Key Dates

DateDescription
06/30/2024Date of the transaction where Peter D. Crist acquired 832 shares of Wintrust Financial Corp common stock.
07/02/2024Date of signature on the Form 4 filing.

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