Form 4: Webster Financial Corp Executive Nafde Vikram A. Reports Stock Disposal
SEC Form 4 Filing
Nafde Vikram A., Chief Information Officer of Webster Financial Corp, reported disposing of 971 shares of common stock on May 6, 2024.
Summary
- On May 6, 2024, Nafde Vikram A., the Chief Information Officer of Webster Financial Corp, disposed of 971 shares of common stock.
- The transaction was executed at a price of $44.92 per share.
- Following the transaction, Nafde Vikram A. directly owns 15,536.4595 shares of Webster Financial Corp.
- The transaction was reported on May 7, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of stock disposal transaction |
| 05/07/2024 | Date of Form 4 filing |
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