CIULLA JOHN R 4
Research Summary
AI-generated summary
Webster Financial (WBS) CEO John Ciulla Sells 8,000 Shares
What Happened John R. Ciulla, Chairman, CEO and a director of Webster Financial Corporation (WBS), reported the sale of 8,000 shares of WBS common stock on February 17, 2026. The reported average sale price was $71.91 per share, producing gross proceeds of approximately $575,261. This was a sale (S), not a purchase.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (timely filing).
- Shares sold: 8,000 at an average price of $71.91; total proceeds ≈ $575,261.
- Footnote F1: Sale occurred pursuant to a Rule 10b5-1 trading plan adopted April 30, 2025.
- Footnote F2: $71.91 is an average price; the filer can provide a per-share price breakdown on request.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Transaction code: S = Sale.
Context Sales executed under Rule 10b5-1 plans are prearranged trading programs that allow insiders to sell shares on a preset schedule and are commonly used to avoid appearance of trading on inside information. This report is informational; it documents an insider sale rather than a purchase (purchases are often seen as a stronger signal of insider bullishness).