Morse Laurence C's Form 4 filing
Webster Financial CorpWBS · filed Feb 20, 2025
- Accession no.
- 0001628280-25-006824
- Filed
- Feb 20, 2025
- Trade date
- Feb 19, 2025
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not checked
This filing lists 1 non-derivative transaction. Open-market sales total $780.7K. It was filed 1 day after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Morse Laurence CCIK 0001275668 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 19, 2025 | Common Stock | SSaleDisposed | −13,217 | $59.07F1 | −$780,728.19 | 18,808 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
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.
Referenced by the price of 1 transaction in Table I.
Remarks
Exhibit 24 - Power of Attorney