[144] Webster Financial Corporation Waterbury SEC Filing

Rhea-AI Filing Summary

Webster Financial Corp. (WBS) insider Daniel Bley has filed a Form 144 indicating intent to sell up to 3,000 common shares through Fidelity Brokerage Services on or after 07/21/2025. The planned sale carries an estimated market value of $183,366, compared with the company’s 168.2 million shares outstanding, representing a de minimis 0.002% of shares.

The shares were originally acquired via restricted-stock vesting on 02/22/2020 (2,695 shares) and 02/24/2020 (305 shares) as compensation. Over the past three months Bley has already sold 4,200 shares in three transactions, generating gross proceeds of $209,769. Including the proposed sale, his cumulative 2025 disposition would reach 7,200 shares.

Form 144 filings signal potential insider activity but do not guarantee execution. Given the tiny percentage of outstanding shares involved, market impact is expected to be limited; however, investors often monitor insider selling for sentiment clues.

Positive

• None.

Negative

• Continued insider selling: 3,000 additional shares planned after 4,200 already sold in prior three months, potentially signaling waning insider confidence.

Insights

Securities Analyst

TL;DR Modest Form 144 insider sale (3k shares, $183k) unlikely to move WBS price; adds to recent insider selling trend worth $210k.

The filing shows Daniel Bley intends to dispose of 3,000 shares, following three prior sales totaling 4,200 shares in April-May. Aggregate value (~$393k) is immaterial relative to Webster’s market cap and daily trading volume, thus liquidity risk is negligible. Still, consecutive insider sales may be read as a neutral-to-slightly-negative signal on management’s near-term outlook, especially absent offsetting insider purchases. Because Form 144 merely provides notice, completion and timing remain uncertain. Overall, I view the disclosure as non-impactful to valuation but worth monitoring if the selling pace accelerates.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	3000	183366.13	168229092	07/21/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/22/2020	Restricted Stock Vesting	Issuer			2695	02/22/2020	Compensation
Common	02/24/2020	Restricted Stock Vesting	Issuer			305	02/24/2020	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Daniel Bley 200 Elm Street Stamford CT 06902	Common	04/29/2025	1800	86104.08
Daniel Bley 200 Elm Street Stamford CT 06902	Common	05/05/2025	1200	59969.13
Daniel Bley 200 Elm Street Stamford CT 06902	Common	05/12/2025	1200	63696.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Webster Financial (WBS) shares does the Form 144 cover?

The notice covers 3,000 common shares with an estimated value of $183,366.

Who is selling the WBS shares and what is their relationship to the issuer?

The filer is Daniel Bley; the filing does not specify his role, but Form 144 implies he is an affiliate or insider.

When is the proposed sale date for the 3,000 WBS shares?

The approximate sale date listed is 07/21/2025.

Has this insider sold WBS shares recently?

Yes. Over the past three months he sold 4,200 shares for approximately $209,769 in gross proceeds.

What percentage of Webster Financial’s outstanding shares does 3,000 shares represent?

The proposed sale equals roughly 0.002% of the company’s 168,229,092 shares outstanding.