Waterstone director reports common stock sales

Waterstone Financial, Inc. director Gordon Douglas S reported two stock sales.

Accepted by SEC EDGAR 02/06/2026 - 09:12 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Waterstone Financial, Inc. director Gordon Douglas S reported two stock sales. On February 4, 2026, he sold 15,000 shares of common stock at a weighted average price of $18.551. On February 5, 2026, he sold an additional 18,716 shares at a weighted average price of $18.25. After these transactions, he directly owned 566,418 shares of Waterstone Financial common stock.

Insider Trade Summary

Net Seller: 33,716 shares

Net Sell 2 txns

Insider Gordon Douglas S

Role Director

Sold 33,716 shs ($620K)

Share of Position Sold 5.6%

Type	Security	Shares	Price	Value
Sale	Common Stock	18,716	$18.25	$342K
Sale	Common Stock	15,000	$18.551	$278K

Holdings After Transaction: Common Stock — 566,418 shares (Direct)

Holdings Before and After: Common Stock, 600,134 to 566,418 shares (Direct)

Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at different prices. 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.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at different prices. 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 (2) to this Form 4.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Gordon Douglas S report at Waterstone Financial (WSBF)?

Gordon Douglas S, a director of Waterstone Financial, reported two open-market sales of common stock. He sold 15,000 shares on February 4, 2026, and 18,716 shares on February 5, 2026, as disclosed in a Form 4 insider trading report.

How many Waterstone Financial (WSBF) shares did the director sell on each date?

On February 4, 2026, the director sold 15,000 shares of Waterstone Financial common stock. On February 5, 2026, he sold an additional 18,716 shares. Both transactions were reported as sales under transaction code “S” in the Form 4 filing.

At what prices were the Waterstone Financial (WSBF) shares sold in this Form 4?

The February 4, 2026 sale was at a weighted average price of $18.551 per share. The February 5, 2026 sale was at a weighted average price of $18.25 per share. Both prices reflect multiple trades combined into average figures for reporting.

How many Waterstone Financial (WSBF) shares does Gordon Douglas S own after the reported sales?

Following the reported sales, Gordon Douglas S directly owned 566,418 shares of Waterstone Financial common stock. This post-transaction holding figure comes from the Form 4’s “Amount of Securities Beneficially Owned Following Reported Transaction(s)” column for his common stock ownership.

Does the Waterstone Financial (WSBF) Form 4 indicate direct or indirect ownership of the remaining shares?

The Form 4 shows the remaining 566,418 Waterstone Financial shares as held with a direct ownership form, marked with “D” in the ownership column. No nature-of-ownership footnote or indirect holding entity is indicated for these reported common stock holdings.

What does the weighted average price disclosure mean in the Waterstone Financial (WSBF) Form 4?

The filing explains that each reported price is a weighted average across multiple trades executed at different prices. The director undertakes to provide full details of the individual trade prices and share amounts within the reported ranges to the issuer, shareholders, or SEC staff upon request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

Gordon Douglas S

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

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	02/04/2026		S		15,000	D	$18.551(2)	585,134	D
Common Stock	02/05/2026		S		18,716	D	$18.25(1)	566,418	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

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at different prices. 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.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at different prices. 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 (2) to this Form 4.

	/s/ William F. Bruss, Attorney-in-fact	02/06/2026
	** 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.
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