Form 4: Wintrust Financial Corp Executive Richard Murphy Sells Shares
SEC Form 4 Filing
Richard Murphy, Vice Chair and Chief Lending Officer of Wintrust Financial Corp, sold 3,186 shares of common stock at an average price of $131.30 on January 28, 2025.
Summary
- Richard Murphy, a Vice Chair and Chief Lending Officer at Wintrust Financial Corp, reported a transaction involving the company's common stock.
- On January 28, 2025, Murphy sold 3,186 shares of common stock at a weighted average price of $131.30.
- The sale was executed at prices ranging from $130.71 to $132.28.
- Following the transaction, Murphy directly owns 48,814 shares of Wintrust Financial Corp common stock.
- Murphy also indirectly owns 3,711 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The stock sale by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of stock sale transaction |
| 01/29/2025 | Date of signature on the Form 4 filing |
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