Form 4: Wintrust Financial Corp Director Wehmer Reports Changes in Beneficial Ownership

Edward J. Wehmer, a Director and Founder/Executive Chair at Wintrust Financial Corp, reported a disposition of common stock and holdings in preferred stock through direct and indirect ownership.

Summary

• On March 27, 2024, Edward J. Wehmer, a Director and Founder/Executive Chair of Wintrust Financial Corp, filed a Form 4 indicating changes in beneficial ownership.
• The transactions involved the disposition of 3,310 shares of common stock at a price of $102.84.
• Following the reported transaction, Wehmer directly owns 173,814 shares of common stock.
• Wehmer also indirectly owns 8,158 shares through a 401(k) plan and 30,987 shares through a spouse.
• Additionally, Wehmer directly owns 1,489 Depositary Shares of Series E Preferred Stock and indirectly owns 2,039 shares through a spouse.
• The Series E Preferred Stock is not convertible or exchangeable for other classes of stock and generally has no voting rights.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Key Dates