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Kristine Rappe, a director at Waterstone Financial , Inc. (NASDAQ:WSBF), recently sold 22,185 shares of the company's common stock, according to a filing with the Securities and Exchange Commission. The shares were sold at a price of $14.25 each, totaling $316,136. Following this transaction, Rappe holds 27,318 shares directly. The $268 million market cap company has shown strong momentum with a 21.6% return over the past year and currently offers a 4.2% dividend yield. According to InvestingPro, the stock is trading near its Fair Value.
In a related move, Rappe exercised stock options to acquire 22,185 shares at a price of $12.75 per share, amounting to a total value of $282,858. This transaction did not change her overall shareholding, as the shares acquired through the option exercise were subsequently sold.
This activity highlights Rappe's recent financial maneuvers involving Waterstone Financial's stock, providing investors with insight into the director's current holdings and transaction history.
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