Form 4: Wintrust Financial Corp Executive Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Kathleen M. Boege, EVP, Chief Legal Officer, and Secretary of Wintrust Financial Corp, disposed of 1,561 shares of common stock on February 26, 2025, to cover tax obligations.
Summary
- On February 26, 2025, Kathleen M. Boege, an executive at Wintrust Financial Corp, reported a transaction involving the company's common stock.
- Boege disposed of 1,561 shares of common stock at a price of $123.48 per share to satisfy tax obligations.
- Following the transaction, Boege directly owns 22,576 shares of Wintrust Financial Corp common stock.
- Boege also indirectly owns 2 shares through an Employee Stock Purchase Plan (ESPP).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
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 a standard sale to cover tax obligations, which is a common practice among executives who receive stock-based compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a relatively small number of shares being sold by an individual executive.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of the stock transaction (disposal of shares). |
| 02/28/2025 | Date of signature on the Form 4 filing. |
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