Form 4: Webster Financial Corp Director Pettie Mark Reports Acquisition of Restricted Stock

Director Mark Pettie reports acquisition of 2,217 shares of Webster Financial Corp restricted stock on May 21, 2025.

Summary

• Mark Pettie, a director of Webster Financial Corp, reported acquiring 2,217 shares of common stock on May 21, 2025.
• The acquisition was a grant of restricted stock.
• The restricted stock was granted at a price of $0.
• The stock will vest on the one-year anniversary of the grant date and has a two-year holding period following vesting.
• Following the transaction, Pettie directly owns 34,397 shares of Webster Financial Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral report on a routine transaction. It doesn't indicate positive or negative sentiment.

Positives

• The acquisition of restricted stock aligns the director's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of restricted stock by a director can be viewed positively by shareholders as it aligns management's interests with theirs.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock, Webster Financial Corp, WBS, Director, Pettie Mark