Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WBS | Common Stock | Sale | -$1.25M | -25K | -7.35% | $50.00 | 315K | Dec 13, 2023 | Direct | F1 |
holding | WBS | Common Stock | 4.63K | Dec 13, 2023 | Spouse | ||||||
holding | WBS | Common Stock | 2.07K | Dec 13, 2023 | Joint With Spouse |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Also includes 6,695 shares of Webster Financial Corporation common stock previously held indirectly. |