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This SEC Form 4 details changes in beneficial ownership for reporting owner John R. Villa, President & CEO of Webster Financial Corp, filed on March 23, 2020.
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Anyone who is required to report certain financial transactions, such as individuals and businesses, may need to fill out Form 4.
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What is form 4?
Form 4 is a document that is used by corporate insiders to report their transactions in their company's stock and other securities.
Who is required to file form 4?
Corporate officers, directors, and beneficial owners of more than 10% of a company's equity securities are required to file Form 4.
How to fill out form 4?
Form 4 can be filled out by providing details such as the name of the reporting person, relationship to the issuer, transaction date, type of transaction, number of shares or units, and the price per share.
What is the purpose of form 4?
The purpose of Form 4 is to provide transparency regarding insider trading and to ensure that the market is informed of the trading activities of corporate insiders.
What information must be reported on form 4?
Form 4 must report information such as the reporting person's name, relationship to the issuer, transaction details (including date, type, price, and number of shares), and any derivatives or related securities.
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