Form 4: Wintrust Financial Corp Director Timothy Crane Reports Stock Disposal
SEC Form 4 Filing
Timothy Crane, a Director and President & CEO of Wintrust Financial Corp, reported disposing of 790 shares of common stock to cover tax obligations.
Summary
- On January 27, 2025, Timothy Crane, Director and President & CEO of Wintrust Financial Corp, disposed of 790 shares of common stock.
- The transaction was executed at a price of $131.46 per share.
- This disposal was related to covering tax obligations under the company's 2015 Stock Incentive Plan.
- Following the transaction, Crane directly owns 79,182 shares of Wintrust Financial Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment, as it's simply a factual disclosure.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be related to tax obligations, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of stock disposal transaction. |
| 01/29/2025 | Date of signature on the report. |
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.