Wintrust Financial (WTFC) vice chair Dykstra sells 9,579 shares at $148.82
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WINTRUST FINANCIAL CORP executive David A. Dykstra, the company’s Vice Chairman and COO, reported an open-market sale of 9,579 shares of Common Stock. The weighted average sale price was $148.82 per share, with individual trades executed between $148.30 and $149.00. Following these transactions, he directly holds 179,810 shares of Wintrust common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,579 shares ($1,425,547)
Net Sell
1 txn
Insider
DYKSTRA DAVID A
Role
VICE CHAIRMAN AND COO
Sold
9,579 shs ($1.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,579 | $148.82 | $1.43M |
Holdings After Transaction:
Common Stock — 179,810 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 9,579 shares
Weighted average sale price: $148.82 per share
Sale price range: $148.30–$149.00 per share
+2 more
5 metrics
Shares sold
9,579 shares
Open-market sale of WTFC Common Stock
Weighted average sale price
$148.82 per share
Average price across multiple sale transactions
Sale price range
$148.30–$149.00 per share
Range of prices for individual trades
Shares held after sale
179,810 shares
Direct ownership following reported transaction
Net shares sold
9,579 shares
Net selling activity per transaction summary
Key Terms
weighted average price, open-market sale, Common Stock, Form 4
4 terms
weighted average price financial
"The price reported is the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WTFC executive David Dykstra report?
David A. Dykstra, Vice Chairman and COO of WTFC, reported selling 9,579 shares of Wintrust Financial Common Stock in open-market transactions. The filing shows this was a planned sale of existing holdings rather than an option exercise or grant-related event.
Was David Dykstra’s WTFC stock sale a single trade or multiple trades?
The Form 4 notes that the reported sale was executed in multiple transactions. A weighted average price of $148.82 is disclosed, with individual trades taking place at prices between $148.30 and $149.00 per share across those separate executions.
What role does David Dykstra hold at Wintrust Financial (WTFC)?
David A. Dykstra is identified in the Form 4 as an officer of Wintrust Financial, serving as Vice Chairman and Chief Operating Officer. His position classifies him as an insider whose trades in WTFC common stock must be reported to the SEC.