Form 4: Webster Financial Corp Executive Kristy Berner Reports Stock Transaction
SEC Form 4 Filing
Kristy Berner, EVP, GC & Corp Sec of Webster Financial Corp, reports the disposition of 1,273 shares of common stock to cover tax obligations.
Summary
- On September 26, 2024, Kristy Berner, an EVP, GC & Corp Sec of Webster Financial Corp, disposed of 1,273 shares of common stock.
- The transaction was a disposition (D) of shares at a price of $45.46.
- Following the transaction, Berner directly owns 15,552 shares of Webster Financial Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of their confidence in the company's prospects. This transaction appears to be related to covering tax obligations, a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/26/2024 | Date of stock transaction |
| 09/30/2024 | Signature date of the report |
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