Form 4: Webster Financial Corp Executive Daniel Bley Sells 1,750 Shares
SEC Form 4 Filing
Daniel Bley, Chief Risk Officer of Webster Financial Corp, sold 1,750 shares of common stock at $59.78 per share on November 6, 2024.
Summary
- On November 6, 2024, Daniel Bley, the Chief Risk Officer of Webster Financial Corp (WBS), sold 1,750 shares of the company's common stock.
- The sale price was $59.78 per share.
- Following the transaction, Bley directly owns 17,779 shares of Webster Financial Corp.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of the transaction: Daniel Bley sold 1,750 shares of Webster Financial Corp stock. |
| 11/07/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.