Form 4: Wintrust Financial Corp Executive Vice President Reports Stock Disposal
SEC Form 4 Filing
David Eric Lee, an Executive Vice President at Wintrust Financial Corp, reported disposing of 186 shares of common stock to cover tax obligations.
Summary
- On January 27, 2025, David Eric Lee, an Executive Vice President of Wintrust Financial Corp, disposed of 186 shares of common stock.
- The transaction was related to covering tax obligations under the company's 2015 Stock Incentive Plan.
- The price per share was $131.46.
- Following the transaction, Lee directly owns 15,726 shares of Wintrust Financial Corp.
- The transaction was reported on January 29, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction for tax purposes and doesn't indicate a significant change in the executive's holdings or outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction for tax obligation fulfillment and doesn't necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of stock disposal transaction. |
| 01/29/2025 | Date of Form 4 filing. |
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