Gordon Douglas S 4
4 · Waterstone Financial, Inc. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Waterstone Financial (WSBF) Director Gordon Douglas S Sells Shares
What Happened
Gordon Douglas S, a director of Waterstone Financial, reported two open‑market sales: 15,000 shares sold on 2026-02-04 at a weighted average price of $18.55 for proceeds of $278,265, and 18,716 shares sold on 2026-02-05 at a weighted average price of $18.25 for proceeds of $341,567. Total proceeds across both transactions were about $619,832. These were outright sales (S), which are typically treated as routine dispositions rather than a bullish signal.
Key Details
- Transaction dates and prices:
- 2026-02-04: 15,000 shares sold @ weighted avg $18.55 — $278,265
- 2026-02-05: 18,716 shares sold @ weighted avg $18.25 — $341,567
- Total shares sold: 33,716; total proceeds ≈ $619,832.
- Shares owned after the transactions: not specified in the provided Form 4 excerpt.
- Filing: Report filed on 2026-02-06 (covers period of report 2026-02-04); filing appears timely.
- Notable footnotes: Both sales note the reported price is a weighted average because each block was sold in multiple transactions at different prices. The filer offers to provide a breakdown of shares sold at each price on request.
Context
Sales by directors can be for many reasons (liquidity, portfolio rebalancing, taxes) and do not necessarily signal a change in view on the company. For retail investors, purchases often carry more informational weight than routine open‑market sales. No 10b5‑1 plan, option exercises, gifts, or tax‑withholding transactions were disclosed in the excerpt provided.
Insider Transaction Report
- Sale
Common Stock
[F2]2026-02-04$18.55/sh−15,000$278,265→ 585,134 total - Sale
Common Stock
[F1]2026-02-05$18.25/sh−18,716$341,567→ 566,418 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at different prices. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at different prices. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.