Wintrust founder receives 220-share RSU dividend grant
WEHMER EDWARD J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
WEHMER EDWARD J reported acquisition or exercise transactions in this Form 4 filing.
WINTRUST FINANCIAL CORP founder and senior advisor Edward J. Wehmer reported a stock-based dividend under existing awards. On this Form 4, he received 220 shares of common stock at $150.69 per share as dividends paid in stock pursuant to previously granted restricted stock units, bringing his direct common stock holdings to 168,962 shares.
He also reports indirect ownership of 8,358 common shares through a 401(k) plan and 18,487 common shares held by his spouse. In addition, he holds 2,382 Depositary Shares of Series F Preferred Stock directly and 3,919 such preferred depositary shares indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 220 shares
Grant/Award
5 txns
Insider
WEHMER EDWARD J
Role
FOUNDER AND SENIOR ADVISOR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 220 | $150.69 | $33K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares of Series F Preferred Stock | -- | -- | -- |
| holding | Depositary Shares of Series F Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 168,962 shares (Direct);
Common Stock — 18,487 shares (Indirect, by Spouse);
Common Stock — 8,358 shares (Indirect, by 401(k) Plan);
Depositary Shares of Series F Preferred Stock — 2,382 shares (Direct);
Depositary Shares of Series F Preferred Stock — 3,919 shares (Indirect, By Spouse)
Footnotes (1)
- F1. Dividends awarded in shares pursuant to the terms of previously granted restricted stock units.
Key Figures
RSU dividend shares: 220 shares
Recorded share price: $150.69 per share
Direct common stock holdings: 168,962 shares
+4 more
7 metrics
RSU dividend shares
220 shares
Common stock dividends awarded in shares
Recorded share price
$150.69 per share
Value for 220-share dividend award
Direct common stock holdings
168,962 shares
Common stock held directly after transaction
Common stock via 401(k) plan
8,358 shares
Indirect holdings in WTFC common stock
Common stock held by spouse
18,487 shares
Indirect common stock ownership
Direct Series F preferred depositary shares
2,382 shares
Depositary Shares of Series F Preferred Stock
Spouse's Series F preferred depositary shares
3,919 shares
Indirect Series F preferred holdings
Key Terms
Depositary Shares of Series F Preferred Stock, restricted stock units, 401(k) Plan, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Dividends awarded in shares pursuant to the terms of previously granted restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
401(k) Plan financial
"nature_of_ownership: "by 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did WTFC founder Edward J. Wehmer report?
Edward J. Wehmer reported receiving 220 shares of Wintrust common stock. These shares were paid as dividends in stock under previously granted restricted stock units, rather than a market purchase, and increased his directly held common stock position to 168,962 shares.
What indirect holdings in WTFC common stock does Edward J. Wehmer report?
He reports 8,358 Wintrust common shares held indirectly through a 401(k) plan and 18,487 common shares held indirectly by his spouse. These positions are in addition to his directly owned 168,962 common shares disclosed in the Form 4.
Does Edward J. Wehmer hold WTFC preferred stock according to this Form 4?
Yes. He reports 2,382 Depositary Shares of Series F Preferred Stock held directly and 3,919 such preferred depositary shares held indirectly by his spouse. These preferred holdings are separate from his common stock and 401(k) plan positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
