Form 4: Wintrust Financial Corp Director Wehmer Donates 5,000 Shares to Charity

Sentiment:

SEC Form 4


Edward J. Wehmer, a Director and Founder and Senior Advisor of Wintrust Financial Corp, donated 5,000 shares of common stock to a charitable foundation on November 6, 2024.

Summary

  • On November 6, 2024, Edward J. Wehmer, a Director and Founder and Senior Advisor of Wintrust Financial Corp, donated 5,000 shares of common stock to the Edandor Foundation, a charitable organization.
  • The donation was made as a charitable contribution to a foundation organized for charitable, religious, educational, and scientific purposes.
  • Following the transaction, Wehmer directly owns 169,537 shares of Wintrust Financial Corp common stock.
  • Wehmer also indirectly owns 25,987 shares through his spouse and 8,158 shares through a 401(k) plan.
  • Additionally, Wehmer directly owns 2,099 depositary shares of Series E Preferred Stock and his spouse owns 2,626 depositary shares of Series E Preferred Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A charitable donation is generally viewed favorably, but the filing itself is a routine disclosure.

Positives

  • The donation to the Edandor Foundation supports charitable, religious, educational, and scientific purposes.

Industry Context

This filing is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

  • The donation may have a minor positive impact on the reputation of Wintrust Financial Corp.

Key Dates

DateDescription
11/06/2024Date of the charitable contribution of 5,000 shares of common stock.
11/07/2024Date of signature on the Form 4 filing.

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