Webster Financial (WBS) Form 144 Files Sale of 8,000 Shares via J.P. Morgan
Rhea-AI Filing Summary
Webster Financial Corporation (WBS) Form 144 notice reports a proposed sale of 8,000 common shares through J.P. Morgan Securities LLC on 08/14/2025 on the NYSE, with an aggregate market value of $462,080. The filing shows total shares outstanding of 166,188,648, and discloses that the securities were acquired as stock awards on 02/24/2018 (16 shares), 02/22/2017 (5,745 shares) and 02/26/2021 (2,239 shares). The filer attests they are unaware of undisclosed material adverse information and states compliance with Rule 144 procedures.
Positive
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Negative
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Insights
TL;DR: Small insider sale filed under Rule 144; size is immaterial relative to shares outstanding.
The filing notifies a proposed sale of 8,000 shares valued at $462,080 executed via J.P. Morgan on 08/14/2025. Given the issuer's reported 166.19 million shares outstanding, the transaction represents a de minimis percentage of outstanding stock. The shares were obtained as compensation awards across three grant dates in 2017, 2018 and 2021. The filer affirms lack of undisclosed material adverse information, consistent with Rule 144 attestations. No recent sales in the past three months are reported.
TL;DR: Procedural disclosure for an insider sale; disclosure aligns with Rule 144 and 10b5-1 attestation language.
The Form 144 includes broker details, sale date, and acquisition history for the securities to be sold, and contains the required representation about material nonpublic information. The document lists stock awards as the source of the shares and indicates no aggregated sales in the prior three months. From a governance standpoint, the filing meets standard notice requirements but does not provide additional context such as trading plan adoption dates in the remarks section.