Form 4: Wintrust Financial Corp Director Timothy Crane Acquires 18,113 Shares
SEC Form 4 Filing
Timothy Crane, President & CEO and Director of Wintrust Financial Corp, acquired 18,113 shares of common stock at $133.62 per share on January 23, 2025.
Summary
- On January 23, 2025, Timothy Crane, President & CEO and Director of Wintrust Financial Corp, acquired 18,113 shares of common stock.
- The acquisition price was $133.62 per share.
- Following the transaction, Crane directly owns 79,972 shares of Wintrust Financial Corp.
- The reported holdings include 11,525 Restricted Stock Units (RSUs) that vest on the third anniversary of the grant date under the 2022 Stock Incentive Plan.
- It also includes 6,588 shares awarded for achieving performance objectives under the Long Term Incentive Program.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to the insider purchase, suggesting confidence from the CEO in the company's prospects. However, it's a single transaction and doesn't provide a comprehensive view.
Positives
- The acquisition of shares by a key executive could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. An acquisition by the CEO is generally viewed positively.
Stakeholder Impact
- The insider purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of stock acquisition by Timothy Crane |
| 01/27/2025 | Date of signature on the Form 4 filing |
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