Gordon Douglas S 4

What Happened
Gordon Douglas, a director of Waterstone Financial, sold 6,765 shares in an open-market transaction on February 6, 2026. The reported weighted-average price was $18.27 per share, for total proceeds of approximately $123,563. This was a sale (code S), which is often routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-10). Filing is within the standard 2 business‑day reporting window.
• Price: $18.27 weighted-average; footnote indicates the shares were sold in multiple trades at different prices.
• Shares sold: 6,765; proceeds ≈ $123,563.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnote: F1 states the $18.27 is a weighted average and the reporting person can provide a breakdown of the number of shares sold at each price on request.

Context
Sales by directors can be for many personal or portfolio reasons and do not necessarily indicate a change in view on the company. This filing reports a straightforward open‑market disposal; no option exercise, gift, or 10b5‑1 plan is indicated in the supplied details.