EVP Sells Over $380K in Shares After Option Exercise Amidst Other Insider Dispositions
Summary
Waterstone Financial's EVP and Chief Retail Officer, Julie Ann Glynn, sold over $380,000 worth of shares after exercising options, contributing to a trend of insider dispositions following strong earnings and near 52-week highs.
Key Events
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EVP Sells Shares
Julie Ann Glynn, EVP and Chief Retail Officer, sold 20,929 shares for a total value of $380,774 at prices ranging from $18.17 to $18.69.
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Option Exercise Precedes Sale
The sale followed the exercise of 20,000 options at a strike price of $17.35, valued at $347,000.
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Follows Recent Insider Selling
This transaction occurs after other officers and directors filed Form 144s on February 2nd and 3rd, indicating intent to sell shares, and after the company reported strong Q4 2025 results on January 28th.
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Stock Near 52-Week High
The sales took place while the company's stock is trading near its 52-week high of $18.88.
Analysis
Julie Ann Glynn, EVP and Chief Retail Officer, exercised options and subsequently sold shares totaling over $380,000. This transaction, while involving an option exercise, results in a net disposition of shares by a key executive. It follows recent Form 144 filings by other insiders indicating intent to sell, and occurs after the company reported strong Q4 and full-year 2025 results, with the stock trading near its 52-week high. The pattern of insider selling, even after positive news, could be interpreted as executives taking profits.
At the time of this filing, WSBF was trading at $18.60 on NASDAQ in the Finance sector, with a market capitalization of approximately $343.2M. 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.