MORSE LAURENCE C sold WBS
February 19, 2025 · Form 4 insider transaction
MORSE LAURENCE C sold 13,217 shares of Webster Financial Corp at $59.07 per share, a transaction worth $780.7K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
13,217
Price
$59.07
Total value
$780.7K
InsiderMORSE LAURENCE C
Role—
CompanyWebster Financial Corp (WBS)
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 19, 2025
Filing dateFebruary 20, 2025
Shares owned after18,808
OwnershipIndirect
10b5-1 planNo
AmendedNo
Footnotes
The 13,217 shares of Webster Financial Corp. common stock (the "Common Stock") were contributed by the Laurence C. Morse Revocable Trust dated October 26, 2010 (the "Trust") to a private third-party fund (the "Fund") in exchange for shares of the Fund. The Common Stock was valued at $59.07 per share for the purpose of determining the number of shares of the Fund issuable to the Trust.