Form 4: Wintrust Financial Corp Director Smith Acquires Shares Through Deferred Fee Plan
SEC Form 4 Filing
Director Gregory A. Smith acquired 457 shares of Wintrust Financial Corp (WTFC) common stock at $98.56 per share on September 30, 2024, through the Director's Deferred Fee and Stock Plan.
Summary
- On September 30, 2024, Gregory A. Smith, a director of Wintrust Financial Corp (WTFC), acquired 457 shares of common stock.
- The acquisition was made through the Director's Deferred Fee and Stock Plan.
- The price per share was $98.56.
- Following the transaction, Smith directly owns 1,201 shares of WTFC common stock.
Sentiment
Score: 7
Explanation: Director's acquisition of shares is generally a positive sign, indicating confidence in the company. The transaction is part of a pre-existing compensation plan, reducing the impact of the news.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Future Outlook
NA
Industry Context
Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. Acquisitions are generally viewed more positively than sales.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Director Smith acquired 457 shares of WTFC common stock. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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