Kristine A. Rappe - Jan 30, 2025 Form 4 Insider Report for Waterstone Financial, Inc. (WSBF)

Role: Director
Signature: /s/ William F. Bruss, pursuant to power of attorney
Stock symbol: WSBF
Transactions as of: Jan 30, 2025
Transactions value $: -$35,922
Form type: 4
Date filed: 2/3/2025, 02:33 PM
Previous filing: Nov 7, 2024
Next filing: Feb 6, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WSBF	Common Stock	Options Exercise	$178K	+13.9K	+51%	$12.75	41.2K	Jan 30, 2025	Direct
transaction	WSBF	Common Stock	Sale	-$193K	-13.9K	-33.77%	$13.89	27.3K	Jan 30, 2025	Direct	F1
transaction	WSBF	Common Stock	Options Exercise	$253K	+19.9K	+72.77%	$12.75	47.2K	Jan 31, 2025	Direct
transaction	WSBF	Common Stock	Sale	-$274K	-19.9K	-42.12%	$13.76	27.3K	Jan 31, 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WSBF	Stock Options	Options Exercise	$0	-13.9K	-19.61%	$0.00	57.1K	Jan 30, 2025	Common Stock	13.9K	$12.75	Direct
transaction	WSBF	Stock Options	Options Exercise	$0	-19.9K	-34.82%	$0.00	37.2K	Jan 31, 2025	Common Stock	19.9K	$12.75	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.75 to $14.31, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.75 to $13.90, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.75 to $14.31, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.75 to $13.90, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.