Mark Raymond Gerke, Executive Vice President and CFO of Waterstone Financial, Inc. (NASDAQ:WSBF), reported stock transactions on May 21, 2026.
Mr. Gerke sold 10,000 shares at a weighted average price of $18.3435, totaling $183,435. Prices ranged from $18.25 to $18.50.
The sale occurred as shares traded near their 52-week high of $18.88, following a 52.55% gain over the past year.
On the same day, he exercised options for 10,000 shares at $14.98 per share, totaling $149,800. The options were set to expire on June 21, 2026.
After these transactions, Mr. Gerke directly holds 30,034 shares. He also indirectly owns 42,545 shares through an ESOP and 1,881 shares through a 401k plan.
In other news, Waterstone Financial held its 2026 Annual Meeting. Shareholders elected three directors and ratified Forvis Mazars, LLP as auditor.
The Board also authorized the repurchase of up to 2 million additional shares, increasing the buyback program to about 2.15 million shares.
