{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-047276","form_type":"8-K","ticker":"WTFC","cik":"0001015328","company_name":"WINTRUST FINANCIAL CORP","filed_at":"2024-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.889222+00:00","generated_at":"2026-06-03T22:43:20.152162+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Wintrust to acquire Macatawa Bank for ~$510M in stock; expected close in late 2024/early 2025","bullets":["Aggregate consideration $510.3M; $14.85/share based on 34.36M Macatawa shares outstanding as of April 12, 2024.","Exchange ratio collared: 0.1314-0.1668 Wintrust shares per Macatawa share based on closing price range $89.03-$113.03.","Macatawa Bank will keep separate charter and operate under its name in Michigan; Richard Postma to join Wintrust board.","Termination fee of $20.4M payable by Macatawa if deal terminated under certain conditions to accept a superior proposal.","Closing subject to Macatawa shareholder vote, regulatory approvals, and other customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-047276","json":"https://secwatch.observer/filing/0001104659-24-047276.json","markdown":"https://secwatch.observer/filing/0001104659-24-047276.md","text":"https://secwatch.observer/filing/0001104659-24-047276.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1015328/000110465924047276/0001104659-24-047276-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1015328/000110465924047276/tm2411576d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T22:43:20.152162+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"950d4bafdf734286fe0aa639db555e45a3c147f2","claim":"WINTRUST FINANCIAL CORP entered into Agreement and Plan of Merger with Macatawa Bank Corporation valued at $510.3 million (effective 2024-04-15).","evidence_excerpt":"On April 15, 2024, Wintrust Financial Corporation (“ Wintrust ”) and Macatawa Bank Corporation (“ Macatawa ”) entered into an Agreement and Plan of Merger (the “ Merger Agreement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1015328/000110465924047276/0001104659-24-047276-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Macatawa Bank Corporation"},{"label":"Value","value":"$510.3 million"},{"label":"Effective","value":"2024-04-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}