CHRO Javier Evans sold 10,137 shares of WBS at $57.41, reducing holdings by 30.9% to 22,657 shares
Javier Evans, Chief Human Resources Officer, sold 10,137 shares (10.1K shares) at $57.41 on 2024-11-06, generating $581,971.60 in proceeds and reducing his holdings by 30.9% from 32,794 shares to 22,657 shares post-transaction. The sale occurred at a price 0.5% below the current price of $57.68 and within the 52-week trading range, during a period when WBS has appreciated 28.9% over the past 30 days and 29.9% over 90 days. While the company trades at a P/E of 12.22 with a $9.9B market cap, annual revenue declined 13.1% year-over-year, suggesting operational headwinds despite recent stock momentum. The magnitude of the position reduction—nearly one-third of holdings—merits monitoring to understand whether this reflects personal liquidity needs or signals about near-term prospects.