Form 4: Wintrust Financial Corp Director Wehmer Reports Acquisition of Common Stock
SEC Form 4
Edward J. Wehmer, a director and Founder and Senior Advisor of Wintrust Financial Corp, reported the acquisition of 313 shares of common stock due to dividends awarded in shares pursuant to previously granted restricted stock units.
Summary
- On February 20, 2025, Edward J. Wehmer, a Director and Founder and Senior Advisor of Wintrust Financial Corp, acquired 313 shares of common stock at a price of $128.82 per share.
- This acquisition was due to dividends awarded in shares pursuant to the terms of previously granted restricted stock units.
- Following the transaction, Wehmer directly owns 192,773 shares of common stock.
- Wehmer also indirectly owns 8,244 shares through a 401(k) plan and 25,987 shares through a spouse.
- Additionally, Wehmer directly owns 2,516 shares of Depositary Shares of Series E Preferred Stock and indirectly owns 4,138 shares through a spouse.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing simply reports an acquisition of shares due to dividends, which is a routine event. There is no indication of significant positive or negative sentiment.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in the financial industry. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholders as it signals confidence from a company insider.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: Acquisition of common stock. |
| 02/24/2025 | Date of signature on the Form 4 filing. |
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