Director Lawton Patrick S Liquidates Direct Holdings in Waterstone Financial for Over $914K
summarizeSummary
Director Patrick S. Lawton sold all of his direct common stock holdings in Waterstone Financial, Inc. for over $914,000, marking a complete exit from his direct position amidst a broader pattern of insider selling.
check_boxKey Events
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Director Sells All Direct Shares
Director Patrick S. Lawton disposed of 49,255 shares of common stock in two open market transactions on February 3rd and 4th, 2026.
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Complete Liquidation of Direct Holdings
The sales, totaling $914,813, represent a full liquidation of his direct holdings in the company, leaving him with zero direct shares post-transaction.
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Part of Broader Insider Selling Trend
This transaction follows multiple Form 144 filings and Form 4 sales by other officers and directors in the past week, indicating a pattern of insider distribution after recent strong earnings.
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Sales Near 52-Week High
The sales occurred while Waterstone Financial's stock is trading near its 52-week high, potentially allowing the insider to lock in gains at a favorable price.
auto_awesomeAnalysis
This Form 4 filing reveals that Director Patrick S. Lawton has fully liquidated his direct ownership of Waterstone Financial, Inc. common stock through two open market sales totaling over $914,000. This significant disposition, representing 0.266% of the company's market capitalization, is particularly notable as it constitutes a complete exit from his direct holdings. The sale occurs while the stock is trading near its 52-week high and follows a series of other insider sales and Form 144 filings by other officers and directors in recent days, suggesting a broader trend of insiders cashing out after strong Q4/FY25 earnings. Investors should view this full liquidation by a director as a strong negative signal regarding insider confidence.
At the time of this filing, WSBF was trading at $18.61 on NASDAQ in the Finance sector, with a market capitalization of approximately $343.5M. The 52-week trading range was $11.61 to $18.88. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.