Form 4: Wintrust Financial Corp Director Suzet M. McKinney Acquires Shares as Part of Director's Compensation Plan
SEC Form 4 Filing
Director Suzet M. McKinney acquired 448 shares of Wintrust Financial Corp stock on June 30, 2024, as part of the Director's Deferred Fee and Stock Plan.
Summary
- On June 30, 2024, Suzet M. McKinney, a director of Wintrust Financial Corp, acquired 448 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, McKinney directly owns 949 shares of Wintrust Financial Corp.
- The transaction was reported on July 2, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It indicates alignment of interests but doesn't necessarily signal a major shift in the company's prospects.
Positives
- The acquisition reflects the director's continued investment in the company.
- The Director's Deferred Fee and Stock Plan aligns director compensation with shareholder interests.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholders by demonstrating the director's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: Suzet M. McKinney acquired 448 shares of Wintrust Financial Corp stock. |
| 07/02/2024 | Date of report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.