Patrick S. Lawton - Feb 28, 2025 Form 4 Insider Report for Waterstone Financial, Inc. (WSBF)

Role: Director
Signature: /s/ William F. Bruss, Attorney-in-fact
Stock symbol: WSBF
Transactions as of: Feb 28, 2025
Transactions value $: -$47,936
Form type: 4
Date filed: 3/3/2025, 10:18 AM
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	$478K	+37.5K	+76.33%	$12.75	86.6K	Feb 28, 2025	Direct
transaction	WSBF	Common Stock	Sale	-$526K	-37.5K	-43.29%	$14.03	49.1K	Feb 28, 2025	Direct	F1

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 Option	Options Exercise	$0	-37.5K	-100%	$0.00	0	Feb 28, 2025	Common Stock	37.5K	$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 $14.00 to $14.10, 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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.10, 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.