Form 4: Wintrust Financial Corp Director Suzet M. McKinney Acquires Shares as Part of Director's Compensation Plan

Sentiment:

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

DateDescription
06/30/2024Date of transaction: Suzet M. McKinney acquired 448 shares of Wintrust Financial Corp stock.
07/02/2024Date of report filing.

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