HANSEN MICHAEL L sold 12.7% of their position (11.70K shares) of WATERSTONE FINANCIAL, INC. on the open market

Open‑market sale worth $243.8K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 28 sales

HANSEN MICHAEL L

Filed: 3/9/2021ACC: 0001567619-21-005905

InsiderHANSEN MICHAEL LCIK 1336616

→

IssuerWATERSTONE FINANCIAL, INC.CIK 1569994

Director

Since Mar 2021

-11.70K

Net shares

Net seller

$243.8K

Total sold

Open market trades

0B · 28S

Total transactions

12.50K acquired · 24.20K disposed

Non-Derivative Transactions29

Common Stock

Direct

S · Sale

−300.00

Price / share

$20.87

Trade value

$6.26K

% of position

0.4%

3/1/2021

84.99K→84.69K

Common Stock

Direct

M · Option Exercise

+12.50K

Price / share

$12.75

Trade value

$159.38K

% of position

15.7%

3/8/2021

79.87K→92.37K

Common Stock

Direct

S · Sale

−700.00

Price / share

$20.63

Trade value

$14.44K

% of position

0.8%

3/8/2021

92.37K→91.67K

Common Stock

Direct

S · Sale

−100.00

Price / share

$20.73

Trade value

$2.07K

% of position

0.1%

3/8/2021

91.67K→91.57K

Common Stock

Direct

S · Sale

−100.00

Price / share

$20.74

Trade value

$2.07K

% of position

0.1%

3/8/2021

91.57K→91.47K

Common Stock

Direct

S · Sale

−821.00

Price / share

$20.77

Trade value

$17.05K

% of position

0.9%

3/8/2021

91.47K→90.65K

Common Stock

Direct

S · Sale

−200.00

Price / share

$20.78

Trade value

$4.16K

% of position

0.2%

3/8/2021

90.65K→90.45K

Common Stock

Direct

S · Sale

−307.00

Price / share

$20.79

Trade value

$6.38K

% of position

0.3%

3/8/2021

90.45K→90.14K

Common Stock

Direct

S · Sale

−21.00

Price / share

$20.80

Trade value

$436.70

% of position

0.0%

3/8/2021

90.14K→90.12K

Common Stock

Direct

S · Sale

−422.00

Price / share

$20.80

Trade value

$8.78K

% of position

0.5%

3/8/2021

90.12K→89.70K

Common Stock

Direct

S · Sale

−1.20K

Price / share

$20.81

Trade value

$24.97K

% of position

1.3%

3/8/2021

89.70K→88.50K

Common Stock

Direct

S · Sale

−574.00

Price / share

$20.82

Trade value

$11.95K

% of position

0.6%

3/8/2021

88.50K→87.93K

Common Stock

Direct

S · Sale

−302.00

Price / share

$20.83

Trade value

$6.29K

% of position

0.3%

3/8/2021

87.93K→87.63K

Common Stock

Direct

S · Sale

−137.00

Price / share

$20.84

Trade value

$2.85K

% of position

0.2%

3/8/2021

87.63K→87.49K

Common Stock

Direct

S · Sale

−300.00

Price / share

$20.84

Trade value

$6.25K

% of position

0.3%

3/8/2021

87.49K→87.19K

Common Stock

Direct

S · Sale

−400.00

Price / share

$20.84

Trade value

$8.34K

% of position

0.5%

3/8/2021

87.19K→86.79K

Common Stock

Direct

S · Sale

−100.00

Price / share

$20.85

Trade value

$2.08K

% of position

0.1%

3/8/2021

86.79K→86.69K

Common Stock

Direct

S · Sale

−100.00

Price / share

$20.85

Trade value

$2.08K

% of position

0.1%

3/8/2021

86.69K→86.59K

Common Stock

Direct

S · Sale

−21.00

Price / share

$20.86

Trade value

$437.95

% of position

0.0%

3/8/2021

86.59K→86.57K

Common Stock

Direct

S · Sale

−1.38K

Price / share

$20.86

Trade value

$28.77K

% of position

1.6%

3/8/2021

86.57K→85.19K

Common Stock

Direct

S · Sale

−200.00

Price / share

$20.86

Trade value

$4.17K

% of position

0.2%

3/8/2021

85.19K→84.99K

Common Stock

Direct

S · Sale

−900.00

Price / share

$20.88

Trade value

$18.79K

% of position

1.1%

3/8/2021

84.69K→83.79K

Common Stock

Direct

S · Sale

−357.00

Price / share

$20.89

Trade value

$7.46K

% of position

0.4%

3/8/2021

83.79K→83.43K

Common Stock

Direct

S · Sale

−1.86K

Price / share

$20.90

Trade value

$38.89K

% of position

2.2%

3/8/2021

83.43K→81.57K

Common Stock

Direct

S · Sale

−42.00

Price / share

$20.91

Trade value

$878.01

% of position

0.1%

3/8/2021

81.57K→81.53K

Common Stock

Direct

S · Sale

−210.00

Price / share

$20.91

Trade value

$4.39K

% of position

0.3%

3/8/2021

81.53K→81.32K

Common Stock

Direct

S · Sale

−143.00

Price / share

$20.91

Trade value

$2.99K

% of position

0.2%

3/8/2021

81.32K→81.17K

Common Stock

Direct

S · Sale

−202.00

Price / share

$20.92

Trade value

$4.23K

% of position

0.2%

3/8/2021

81.17K→80.97K

Common Stock

Direct

S · Sale

−301.00

Price / share

$20.93

Trade value

$6.30K

% of position

0.4%

3/8/2021

80.97K→80.67K

Total

Net shares

+800.00

Net value

-$84.41K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/1/2021	S · Sale	−300.00	$20.87	$6.26K	0.4%	84.99K	84.69K
Common Stock Direct	3/8/2021	M · Option Exercise	+12.50K	$12.75	$159.38K	15.7%	79.87K	92.37K
Common Stock Direct	3/8/2021	S · Sale	−700.00	$20.63	$14.44K	0.8%	92.37K	91.67K
Common Stock Direct	3/8/2021	S · Sale	−100.00	$20.73	$2.07K	0.1%	91.67K	91.57K
Common Stock Direct	3/8/2021	S · Sale	−100.00	$20.74	$2.07K	0.1%	91.57K	91.47K
Common Stock Direct	3/8/2021	S · Sale	−821.00	$20.77	$17.05K	0.9%	91.47K	90.65K
Common Stock Direct	3/8/2021	S · Sale	−200.00	$20.78	$4.16K	0.2%	90.65K	90.45K
Common Stock Direct	3/8/2021	S · Sale	−307.00	$20.79	$6.38K	0.3%	90.45K	90.14K
Common Stock Direct	3/8/2021	S · Sale	−21.00	$20.80	$436.70	0.0%	90.14K	90.12K
Common Stock Direct	3/8/2021	S · Sale	−422.00	$20.80	$8.78K	0.5%	90.12K	89.70K
Common Stock Direct	3/8/2021	S · Sale	−1.20K	$20.81	$24.97K	1.3%	89.70K	88.50K
Common Stock Direct	3/8/2021	S · Sale	−574.00	$20.82	$11.95K	0.6%	88.50K	87.93K
Common Stock Direct	3/8/2021	S · Sale	−302.00	$20.83	$6.29K	0.3%	87.93K	87.63K
Common Stock Direct	3/8/2021	S · Sale	−137.00	$20.84	$2.85K	0.2%	87.63K	87.49K
Common Stock Direct	3/8/2021	S · Sale	−300.00	$20.84	$6.25K	0.3%	87.49K	87.19K
Common Stock Direct	3/8/2021	S · Sale	−400.00	$20.84	$8.34K	0.5%	87.19K	86.79K
Common Stock Direct	3/8/2021	S · Sale	−100.00	$20.85	$2.08K	0.1%	86.79K	86.69K
Common Stock Direct	3/8/2021	S · Sale	−100.00	$20.85	$2.08K	0.1%	86.69K	86.59K
Common Stock Direct	3/8/2021	S · Sale	−21.00	$20.86	$437.95	0.0%	86.59K	86.57K
Common Stock Direct	3/8/2021	S · Sale	−1.38K	$20.86	$28.77K	1.6%	86.57K	85.19K
Common Stock Direct	3/8/2021	S · Sale	−200.00	$20.86	$4.17K	0.2%	85.19K	84.99K
Common Stock Direct	3/8/2021	S · Sale	−900.00	$20.88	$18.79K	1.1%	84.69K	83.79K
Common Stock Direct	3/8/2021	S · Sale	−357.00	$20.89	$7.46K	0.4%	83.79K	83.43K
Common Stock Direct	3/8/2021	S · Sale	−1.86K	$20.90	$38.89K	2.2%	83.43K	81.57K
Common Stock Direct	3/8/2021	S · Sale	−42.00	$20.91	$878.01	0.1%	81.57K	81.53K
Common Stock Direct	3/8/2021	S · Sale	−210.00	$20.91	$4.39K	0.3%	81.53K	81.32K
Common Stock Direct	3/8/2021	S · Sale	−143.00	$20.91	$2.99K	0.2%	81.32K	81.17K
Common Stock Direct	3/8/2021	S · Sale	−202.00	$20.92	$4.23K	0.2%	81.17K	80.97K
Common Stock Direct	3/8/2021	S · Sale	−301.00	$20.93	$6.30K	0.4%	80.97K	80.67K
Total			+800.00		-$84.41K

Derivative Transactions1

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

12.50K shares

−12.50K

Strike price

12.75

Held after

25K

Exercisable

—

3/8/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Common Stock12.50K shares	3/8/2021	M · Option Exercise	−12.50K	12.75	—	25K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned186.54K

Total

186.54K indirect186.54K

Security Title	Shares Owned	Ownership Type
Common Stock	186.54K	Indirect
Total	186.54K	186.54K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported