Form 4: Wintrust Financial Corp Executive Richard B. Murphy Reports Stock Sale
SEC Form 4
Richard B. Murphy, Vice Chair and Chief Lending Officer of Wintrust Financial Corp, reported the sale of 4,099 shares of common stock at $115.63 per share on October 29, 2024.
Summary
- Richard B. Murphy, an officer of Wintrust Financial Corp, filed a Form 4 detailing changes in beneficial ownership.
- On October 29, 2024, Murphy sold 4,099 shares of Wintrust Financial Corp common stock at a price of $115.63 per share.
- Additionally, 410 shares of common stock were disposed of as a gift.
- Following these transactions, Murphy directly owns 42,311 shares of common stock.
- Murphy also indirectly owns 3,672 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. 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. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock sale by a company officer may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/29/2024 | Date of stock sale and gift |
| 10/30/2024 | Date of signature on the report |
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