Form 4: Wintrust Financial Corp Director Scott K. Heitmann Acquires Additional Shares
SEC Form 4
Director Scott K. Heitmann acquired 261 shares of Wintrust Financial Corp common stock at $104.39 per share on June 30, 2024.
Summary
- On June 30, 2024, Scott K. Heitmann, a director of Wintrust Financial Corp, acquired 261 shares of common stock.
- The shares were acquired at a price of $104.39 per share.
- Following the transaction, Heitmann directly owns 25,058 shares of Wintrust Financial Corp.
- The acquisition was made in accordance with the Director's Deferred Fee and Stock Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation.
Positives
- The director's acquisition of shares demonstrates confidence in the company's future prospects.
Industry Context
This is a routine disclosure of insider trading activity. It is common for directors to receive stock as part of their compensation.
Related Party Transactions
- The acquisition of shares is related to the Director's Deferred Fee and Stock Plan, indicating a transaction with a related party.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: Scott K. Heitmann acquired 261 shares of Wintrust Financial Corp common stock. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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