Waterstone Financial (NASDAQ: WSBF) retail chief exercises 20,000 options and sells common stock

Rhea-AI Filing Summary

Waterstone Financial executive Julie Ann Glynn reported option exercises and share sales. On February 2, 2026, she exercised a stock option for 20,000 shares of common stock at $17.35 per share. That same day, she reported selling 20,000 shares at a weighted average price of $18.1706 and an additional 929 shares at $18.6885. After these transactions, she directly owned 9,071 shares of Waterstone Financial common stock.

Insider Trade Summary

Net Seller: 20,929 shares ($380,774)

Net Sell 4 txns

Insider Glynn Julie Ann

Role EVP/Chief Retail Officer

Sold 20,929 shs ($381K)

Type	Security	Shares	Price	Value
Exercise	Stock Option	20,000	$0.00	--
Exercise	Common Stock	20,000	$17.35	$347K
Sale	Common Stock	20,000	$18.1706	$363K
Sale	Common Stock	929	$18.6885	$17K

Holdings After Transaction: Stock Option — 0 shares (Direct); Common Stock — 30,000 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Glynn Julie Ann

(Last) (First) (Middle)

11200 WEST PLANK CT.

(Street)

WAUWATOSA WI 53226

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Waterstone Financial, Inc. [ WSBF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP/Chief Retail Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/02/2026		M		20,000	A	$17.35	30,000	D
Common Stock	02/02/2026		S		20,000	D	$18.1706(1)	10,000	D
Common Stock	02/02/2026		S		929	D	$18.6885	9,071	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$17.35	02/02/2026		M			20,000	03/20/2018	03/20/2028	Common Stock	20,000	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.78 to $18.71, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4."

	/s/ William F. Bruss, Attorney-in-fact	02/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did WSBF executive Julie Ann Glynn report?

Julie Ann Glynn reported exercising 20,000 stock options and selling shares of Waterstone Financial common stock. The filing shows option exercise at $17.35 per share, followed by sales of 20,000 and 929 shares on February 2, 2026, with updated direct ownership reported.

How many Waterstone Financial (WSBF) shares did Julie Ann Glynn sell?

She reported selling 20,000 shares of Waterstone Financial common stock at a weighted average price of $18.1706, plus 929 additional shares at $18.6885. These transactions occurred on February 2, 2026, and were disclosed as open market sales in the Form 4 filing.

At what price did the WSBF executive exercise stock options?

The executive exercised 20,000 stock options for Waterstone Financial common stock at an exercise price of $17.35 per share. These options were originally granted on March 20, 2018 and were set to expire on March 20, 2028, according to the derivative securities table.

How many WSBF shares does Julie Ann Glynn own after the reported trades?

After the reported transactions, she directly owns 9,071 shares of Waterstone Financial common stock. This figure reflects the exercise of 20,000 options, subsequent sales of 20,000 and 929 shares, and the remaining balance shown in the beneficial ownership column of the Form 4.

What role does the reporting person hold at Waterstone Financial (WSBF)?

The reporting person, Julie Ann Glynn, serves as Executive Vice President and Chief Retail Officer at Waterstone Financial. Her status as an officer requires disclosure of her trades in company stock through Section 16 filings such as this Form 4 submitted to the SEC.

How is the weighted average sale price for WSBF shares explained in the filing?

The filing states that the $18.1706 sale price is a weighted average. The 20,000 shares were sold in multiple transactions at prices ranging from $17.78 to $18.71, inclusive, and full trade details are available upon request from the issuer, security holders, or SEC staff.