Form 4: Wintrust Financial Corp: President & CEO Timothy Crane Reports Stock Disposal
SEC Form 4 Filing
Timothy Crane, President & CEO of Wintrust Financial Corp, reports the disposal of 2,970 shares of common stock to cover tax obligations.
Summary
- On February 28, 2024, Timothy Crane, the President & CEO of Wintrust Financial Corp, disposed of 2,970 shares of common stock.
- The transaction was executed at a price of $97.37 per share.
- This disposal was related to covering tax obligations associated with the company's 2015 Stock Incentive Plan.
- Following the transaction, Crane directly owns 61,859 shares of Wintrust Financial Corp.
- The transaction was reported on March 1, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock disposal transaction. |
| 03/01/2024 | Date the Form 4 was signed. |
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