Insider Trading February 20, 2026

Waterstone Financial Director Sells $52,156 in Shares as Board Declares Quarterly Dividend

Director Gordon S. Gordon disposed of 2,880 shares while the company set a $0.15 quarterly cash payout

By Hana Yamamoto WSBF
Waterstone Financial Director Sells $52,156 in Shares as Board Declares Quarterly Dividend
WSBF

Waterstone Financial director Gordon S. Gordon sold 2,880 common shares on February 18, 2026, for $18.11 per share, generating proceeds of $52,156. The transaction occurred with the stock trading near its 52-week high. Separately, the company's board declared a quarterly cash dividend of $0.15 per share payable February 2, 2026 to holders of record January 8, 2026.

Key Points

  • Director Gordon S. Gordon sold 2,880 shares on February 18, 2026, at $18.11 per share, yielding $52,156.
  • After the sale, Gordon directly owns 556,773 shares and indirectly holds an additional 53,495 shares in an IRA and 22,503 shares in a trust.
  • Waterstone Financial's board declared a quarterly cash dividend of $0.15 per common share payable February 2, 2026 to holders of record as of January 8, 2026 - a move the company framed as reflecting financial health and shareholder value.

Director Gordon S. Gordon of Waterstone Financial, Inc. (NASDAQ:WSBF) completed a single transaction on February 18, 2026, selling 2,880 shares of common stock at $18.11 per share. The disposition produced $52,156 in gross proceeds. At the time of the sale, shares of Waterstone Financial were trading close to their 52-week high of $18.88, with the market price reported at $18.17.

Following this sale, Gordon retains direct ownership of 556,773 shares of the company's common stock. In addition to those directly held shares, Gordon has indirect holdings consisting of 53,495 shares held in an IRA and 22,503 shares held through a trust.


In a separate corporate action disclosed via a company press release, Waterstone Financial's Board of Directors declared a regular quarterly cash dividend of $0.15 per common share. The dividend is scheduled to be paid on February 2, 2026, to shareholders of record as of January 8, 2026.

The announcement frames the dividend as part of the company’s ongoing financial activities. The declaration, according to the release, can be seen as a reflection of the company’s financial health and its commitment to returning value to shareholders. The firm noted that investors might interpret the dividend as an indication of stability and confidence in the business.

The public disclosures provide clear transaction and ownership details for an insider sale and outline the timing and terms of the most recent dividend declaration. The report does not include any rationale provided by Gordon for the share sale, nor does it offer forward-looking commentary on the company’s dividend policy beyond the current declaration.

These items together - an insider sale executed near a 52-week high and a board-approved quarterly dividend - are factual developments investors can incorporate into their assessments of Waterstone Financial. The filings and the press release form the basis for the factual record presented here.

Risks

  • The disclosure does not state a reason for the insider sale, leaving the motivation for the transaction unclear; this creates uncertainty for market interpretation.
  • The dividend declaration applies only to the specified payment and record dates; the press release does not commit to future dividends, so continuation of the payout is not guaranteed.

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