WBS insider sells 3,000 shares at ~$61.60 — Form 4 disclosure
Elzbieta Cieslik, EVP & CAO of Webster Financial Corp (WBS), reported two open-market sales of common stock in September 2025.
Rhea-AI Filing Summary
Elzbieta Cieslik, EVP & CAO of Webster Financial Corp (WBS), reported two open-market sales of common stock in September 2025. She sold 1,000 shares on 09/12/2025 at $61.615 per share and 2,000 shares on 09/15/2025 at $61.58 per share, reducing her direct beneficial ownership from 16,894 shares to 14,894 shares. The Form 4 was signed by an attorney-in-fact on 09/15/2025.
Positive
- None.
Negative
- Officer sold 3,000 shares in two transactions (1,000 on 09/12/2025 at $61.615 and 2,000 on 09/15/2025 at $61.58), reducing direct ownership to 14,894 shares
Insights
TL;DR: Officer sold 3,000 WBS shares in two transactions, a routine insider sale with limited apparent impact.
The Form 4 discloses two small open-market dispositions totaling 3,000 shares at roughly $61.60 each, reducing direct ownership to 14,894 shares. These transactions are reported under Section 16 and appear as routine sales rather than option exercises or transfers. For a bank-sized issuer, the share count and amounts disclosed are modest and do not on their face signal a material change to control or corporate strategy.
TL;DR: Reported sales are standard insider disposals; disclosure is timely and properly executed by attorney-in-fact.
The filing identifies the reporting person as an executive officer and shows the signature executed by an attorney-in-fact on 09/15/2025. The transactions are coded as sales and include prices and post-transaction holdings, meeting disclosure requirements. No additional derivative activity or linked plan is disclosed on this Form 4.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $61.58 | $123K |
| Sale | Common Stock | 1,000 | $61.615 | $62K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did WBS officer Elzbieta Cieslik report?
How did the reported sales affect Cieslik's ownership of WBS?
Were the transactions filed timely and who signed the Form 4?
Do the filings show any derivative securities or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.