Form 4: Wintrust Financial Corp Director Timothy Crane Reports Stock Disposal
SEC Form 4 Filing
Director Timothy Crane disposed of 2,920 shares of Wintrust Financial Corp stock on February 26, 2025, to cover tax obligations.
Summary
- On February 26, 2025, Timothy Crane, President & CEO and a director of Wintrust Financial Corp, disposed of 2,920 shares of common stock.
- The transaction was executed at a price of $123.48 per share.
- Following the transaction, Crane directly owns 76,262 shares of Wintrust Financial Corp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a stock disposal by a key executive, which is a common occurrence for tax planning or portfolio diversification.
Stakeholder Impact
- The disposal of shares by a company insider could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock disposal transaction |
| 02/28/2025 | Date of signature on the report |
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