WASHINGTON ALEX E III 4
Research Summary
AI-generated summary
Wintrust (WTFC) Director Alex E. Washington III Receives 534-Share Award
What Happened
- Alex E. Washington III, a director of Wintrust Financial Corp (WTFC), received an award of 534 shares on 2026-06-30. The shares were valued at $138.94 each, for a total grant value of approximately $74,194. This was an award (transaction code A) issued as director compensation, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Filing date (Form 4): 2026-07-02 (filed within the SEC’s typical 2-business-day window).
- Price per share: $138.94; Total value: $74,194.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Shares were earned for Q2 2026 for services as a director under the Director’s Deferred Fee and Stock Plan approved by shareholders.
- Transaction type: Award/grant (A), routine director compensation.
Context
- Director awards are routine compensation and often reflect standard pay practices rather than a personal trading view; they are less informative about sentiment than purchases by insiders.
- Such awards may be subject to the plan’s deferral, vesting, or transfer restrictions (see plan terms in company filings for specifics).