CRANE TIMOTHY 4
Research Summary
AI-generated summary
Wintrust (WTFC) CEO Timothy Crane Receives Stock Award
What Happened
Timothy Crane, President & CEO (and director) of Wintrust Financial Corp (WTFC), was granted 32,222 shares on 2026-01-22 (transaction code A — award/grant). The grant is recorded at $152.21 per share, with a total reported value of $4,904,511. This was an equity award as part of compensation—not an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-01-22 at $152.21 per share; total value $4,904,511.
- Composition: 13,024 Restricted Stock Units (RSUs) and 19,198 performance-based shares (see footnotes).
- Vesting/contingency: RSUs vest on the third anniversary of grant; performance shares are contingent on attaining LTIP performance objectives.
- Filing: Form 4 filed 2026-01-26 (timely filed within SEC two-business-day window).
- Shares owned after transaction: not specified in the filing.
- Transaction code: A = Grant/Award.
Context
This is a routine executive compensation award. RSUs represent a right to receive shares in the future (subject to vesting); performance shares only convert to stock if specified goals are met. Such grants compensate and retain executives and do not by themselves signal a buy/sell decision by the insider.