Boege Kathleen M 4
Research Summary
AI-generated summary
Wintrust Financial (WTFC) EVP Kathleen Boege Surrenders 1,916 Shares for Taxes
What Happened
- Kathleen M. Boege, EVP, Chief Legal Officer and Secretary of Wintrust Financial Corp (WTFC), had 1,916 shares disposed on 2026-02-25 as a tax-withholding/payment (transaction code F). The shares were recorded at $149.83 each, for a total value of approximately $287,074. This was a withholding/net-share settlement to cover taxes, not an open-market sale.
Key Details
- Transaction date and price: 2026-02-25 at $149.83 per share.
- Shares involved: 1,916 shares withheld (disposed) to satisfy tax liability; total value ≈ $287,074.
- Shares owned after transaction: not specified in the reported Form 4 (not provided in this summary).
- Footnote/transaction code: "F" = Payment of exercise price or tax liability (commonly net share settlement or tax withholding).
- Filing timeliness: Form 4 was filed on 2026-02-27 (appears timely; Form 4 is generally due within two business days).
Context
- This transaction reflects tax withholding or payment tied to a stock award exercise/vesting rather than a market sale, and is generally considered a routine administrative action rather than a directional insider trade signal.