WASHINGTON ALEX E III 4
Research Summary
AI-generated summary
Wintrust (WTFC) Director Alex E. Washington III Receives Award
What Happened
- Alex E. Washington III, a Director of Wintrust Financial Corp (WTFC), was granted 524 shares on 2026-03-31 as an award under the company's director compensation program.
- The reported price per share for the award was $139.82, giving the award a total value of approximately $73,266. This was recorded on a Form 4 filed with the SEC on 2026-04-01.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-01.
- Transaction type/code: Award/Grant (A).
- Shares granted: 524 at $139.82 each; total value ≈ $73,266.
- Shares owned after transaction: not provided in the supplied data.
- Footnote: Shares were earned for Q1 2026 for services as a Director under the Director’s Deferred Fee and Stock Plan approved by shareholders (i.e., compensation paid in stock, not an open-market purchase).
- No 10b5-1 plan, tax withholding, or late-filing flag noted in the provided information.
Context
- This is a compensation award (director fees paid in stock) rather than a market purchase or sale; such grants are routine and reflect board compensation, not necessarily the director’s view of the stock.
- For investors tracking insider activity, purchases are often viewed as stronger signals than compensation awards; treat this as routine director pay unless additional trading by the insider is reported.