Form 4: Wintrust Financial Corp Director Smith Acquires Shares as Part of Deferred Fee Plan
SEC Form 4 Filing
Director Gregory A. Smith acquired 144 shares of Wintrust Financial Corp common stock on June 30, 2024, as part of the Director's Deferred Fee and Stock Plan.
Summary
- On June 30, 2024, Gregory A. Smith, a director of Wintrust Financial Corp, acquired 144 shares of common stock.
- The acquisition was part of the Director's Deferred Fee and Stock Plan.
- The price per share was $104.39.
- Following the transaction, Smith directly owns 744 shares of Wintrust Financial Corp.
- The transaction was reported on July 2, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the transaction is part of a pre-existing compensation plan and doesn't necessarily indicate a significant shift in the director's outlook on the company.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
Industry Context
Insider transactions are common and closely monitored as they can provide insights into a company's prospects, although this transaction appears to be part of a pre-existing compensation plan.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals director confidence.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: Acquisition of 144 shares of common stock. |
| 07/02/2024 | Date of report filing. |
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