Form 4: Wintrust Financial Corp Executive Vice President Thomas P. Zidar Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President Thomas P. Zidar of Wintrust Financial Corp reports the disposition of 1,391 shares of common stock to cover tax obligations, while also holding 8,900 shares indirectly through an ESPP.
Summary
- On February 28, 2024, Thomas P. Zidar, an Executive Vice President at Wintrust Financial Corp, disposed of 1,391 shares of common stock.
- The transaction was related to covering tax obligations associated with the company's 2015 Stock Incentive Plan.
- The price per share for the disposition was $97.37.
- Following the transaction, Zidar directly owns 46,854 shares of common stock.
- Zidar also indirectly owns 8,900 shares through an Employee Stock Purchase Plan (ESPP).
Sentiment
Score: 5
Explanation: This is a neutral report on an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of insider transactions, which are common and expected in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transaction (disposal of shares). |
| 03/01/2024 | Date of signature for the report. |
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