Waterstone Financial, Inc. 10-K

Item 5. Market for Registrant's Common Equity and Related Stockholder Matters and Issuer Purchase of Equity Securities Our shares of common stock are traded on the NASDAQ Global Select Market® under the symbol WSBF. The approximate number of shareholders of record of Waterstone common stock as of February 20, 2026 was 914. On that same date there were 18,359,930 shares of common stock issued and outstanding. Following are the Company's monthly common stock repurchases during the fourth quarter of 2025. Period Total Number of Shares Purchased Average Price Paid per Share (b) Total Number of Shares Purchased as Part of Publicly Announced Plans Maximum Number of Shares that May Yet Be Purchased Under the Plan (a) October 1, 2025 - October 31, 2025 68,197 $ 15.07 68,197 574,407 November 1, 2025 - November 30, 2025 67,633 15.59 67,633 506,774 December 1, 2025 - December 31, 2025 38,568 16.66 38,568 468,206 Total 174,398 15.62 174,398 468,206 (a) On April 23, 2024, the Board of Directors authorized the repurchase of an additional 2,000,000 shares of common stock pursuant to a new share repurchase plan. This plan has no expiration date. (b) Includes 1% excise tax for repurchases greater than $1.0 million - 37 - PERFORMANCE GRAPH Set forth below is a line graph comparing the cumulative total shareholder return on Waterstone Financial common stock, based on the market price of the common stock and assuming reinvestment of cash dividends, with the cumulative total return of companies on the KBW Nasdaq Bank Index and the Russell 2000. The graph assumes $100 was invested on December 31, 2020, in Waterstone Financial, Inc. common stock and each of those indices. Waterstone Financial, Inc. Index 12/31/20 12/31/21 12/31/22 12/31/23 12/30/24 12/30/25 Waterstone Financial, Inc. 100.00 123.92 104.40 90.73 89.92 115.79 KBW NASDAQ Bank Index 100.00 138.33 108.73 107.76 147.85 196.00 Russell 2000 Index 100.00 114.82 91.35 106.82 119.14 134.40 Item 6 . [Reserved]