<SEC-DOCUMENT>0001437749-25-023222.txt : 20250722
<SEC-HEADER>0001437749-25-023222.hdr.sgml : 20250722
<ACCEPTANCE-DATETIME>20250722161749
ACCESSION NUMBER:		0001437749-25-023222
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250722
DATE AS OF CHANGE:		20250722

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Waterstone Financial, Inc.
		CENTRAL INDEX KEY:			0001569994
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-36271
		FILM NUMBER:		251140515

	BUSINESS ADDRESS:	
		STREET 1:		11200 WEST PLANK COURT
		CITY:			WAUWATOSA
		STATE:			WI
		ZIP:			53226
		BUSINESS PHONE:		(414) 761-1000

	MAIL ADDRESS:	
		STREET 1:		11200 WEST PLANK COURT
		CITY:			WAUWATOSA
		STATE:			WI
		ZIP:			53226

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hansen Michael L
		CENTRAL INDEX KEY:			0001336616
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		C/O WAUWATOSA HOLDINGS, INC.
		STREET 2:		11200 WEST PLANK COURT
		CITY:			WAUWATOSA
		STATE:			WI
		ZIP:			53226-3250
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001336616</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>


</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0001569994</issuerCik>
<issuerName>Waterstone Financial, Inc.</issuerName>
<secFileNumber>001-36271</secFileNumber>
<issuerAddress>
<com:street1>11200 West Plank Ct.</com:street1>
<com:city>Wauwatosa</com:city>
<com:stateOrCountry>WI</com:stateOrCountry>
<com:zipCode>53226</com:zipCode>
</issuerAddress>
<issuerContactPhone>(414) 761-1000</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Hansen, Michael L. (WSBF)</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Director</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Common</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>Robert W. Baird &amp; Co. Incorporated</name>
<address>
<com:street1>PO Box 0672</com:street1>
<com:city>Milwaukee</com:city>
<com:stateOrCountry>WI</com:stateOrCountry>
<com:zipCode>53201-0672</com:zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>266413</noOfUnitsSold>
<aggregateMarketValue>3612560.00</aggregateMarketValue>
<noOfUnitsOutstanding>19076000</noOfUnitsOutstanding>
<approxSaleDate>07/24/2025</approxSaleDate>
<securitiesExchangeName>NASDAQ</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>10/04/2005</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>926</amountOfSecuritiesAcquired>
<paymentDate>10/04/2005</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common</securitiesClassTitle>
<acquiredDate>11/17/2005</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>3292</amountOfSecuritiesAcquired>
<paymentDate>11/17/2005</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>02/27/2006</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>21946</amountOfSecuritiesAcquired>
<paymentDate>02/27/2006</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>02/27/2006</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>32919</amountOfSecuritiesAcquired>
<paymentDate>02/27/2006</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>05/03/2006</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>54865</amountOfSecuritiesAcquired>
<paymentDate>05/03/2006</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>05/04/2006</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>13168</amountOfSecuritiesAcquired>
<paymentDate>05/04/2006</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>05/05/2006</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>5486</amountOfSecuritiesAcquired>
<paymentDate>05/05/2006</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>05/11/2006</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>27432</amountOfSecuritiesAcquired>
<paymentDate>05/11/2006</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>01/05/2008</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4389</amountOfSecuritiesAcquired>
<paymentDate>01/05/2008</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>02/25/2008</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>10973</amountOfSecuritiesAcquired>
<paymentDate>02/25/2008</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>01/05/2009</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4389</amountOfSecuritiesAcquired>
<paymentDate>01/05/2009</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>11/30/2009</acquiredDate>
<natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>NA</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>16460</amountOfSecuritiesAcquired>
<paymentDate>11/30/2009</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>01/05/2010</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4389</amountOfSecuritiesAcquired>
<paymentDate>01/05/2010</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>01/05/2011</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4389</amountOfSecuritiesAcquired>
<paymentDate>01/05/2011</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>01/05/2012</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4390</amountOfSecuritiesAcquired>
<paymentDate>01/05/2012</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>01/22/2014</acquiredDate>
<natureOfAcquisitionTransaction>Offering by Issuer</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>25000</amountOfSecuritiesAcquired>
<paymentDate>01/22/2014</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>03/06/2015</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4000</amountOfSecuritiesAcquired>
<paymentDate>03/06/2015</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>03/06/2016</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4000</amountOfSecuritiesAcquired>
<paymentDate>03/06/2016</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>03/06/2017</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4000</amountOfSecuritiesAcquired>
<paymentDate>03/06/2017</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>03/06/2018</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4000</amountOfSecuritiesAcquired>
<paymentDate>03/06/2018</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>03/06/2019</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4000</amountOfSecuritiesAcquired>
<paymentDate>03/06/2019</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>03/06/2020</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4000</amountOfSecuritiesAcquired>
<paymentDate>03/06/2020</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>03/06/2021</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4000</amountOfSecuritiesAcquired>
<paymentDate>03/06/2021</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common </securitiesClassTitle>
<acquiredDate>03/06/2022</acquiredDate>
<natureOfAcquisitionTransaction>Vesting of Restricted Stock</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>4000</amountOfSecuritiesAcquired>
<paymentDate>03/06/2022</paymentDate>
<natureOfPayment>NA</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<noticeSignature>
<noticeDate>07/22/2025</noticeDate>
<signature>/s/ William F. Bruss, Attorney-in-fact</signature>
</noticeSignature>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
