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Webster Financial (WBS) Form 3: Officer reports direct and 401(k) holdings

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Webster Financial Corporation (WBS) Form 3 shows Gregory Madar, identified as a Director and Chief Accounting Officer, reporting initial beneficial ownership following a 09/03/2025 event. He directly owns 8,274.579 shares of common stock and indirectly holds 653.315 shares through a 401(k) plan. The filing was signed by an attorney-in-fact on 09/10/2025.

Positive

  • Full Section 16 disclosure provided including direct and indirect holdings
  • Includes Power of Attorney (Exhibit 24) enabling timely signature and filing

Negative

  • None.

Insights

TL;DR Initial ownership filing discloses modest personal and plan-held common stock by an officer/director; appears routine for Section 16 reporting.

The Form 3 documents an initial beneficial ownership position for an officer who also serves as a director. Reported amounts are small relative to a typical public company float and include a standard indirect holding via a 401(k) plan. The filing meets Section 16 disclosure elements: issuer, reporting person, relationship, number of shares, ownership form, and signature via power of attorney.

TL;DR Disclosure is compliant and routine; no material governance issues disclosed.

The record shows the reporting person holds both direct and plan-based equity, a common arrangement for executives. There is no indication of derivative holdings, amendments, or unusual ownership structures. Signature by attorney-in-fact and Exhibit 24 (Power of Attorney) are standard governance mechanics for timely filing.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
MADAR GREGORY

(Last) (First) (Middle)
C/O WEBSTER FINANCIAL CORPORATION
200 ELM STREET

(Street)
STAMFORD CT 06902

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/03/2025
3. Issuer Name and Ticker or Trading Symbol
WEBSTER FINANCIAL CORP [ WBS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 8,274.579 D
Common Stock 653.315 I 401(k) Plan
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit 24 - Power of Attorney
/s/ Bradley Larkin, attorney-in-fact 09/10/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 3 for WBS report about Gregory Madar's holdings?

The form reports 8,274.579 shares owned directly and 653.315 shares held indirectly via a 401(k) plan.

What is Gregory Madar's role at Webster Financial Corporation (WBS)?

He is listed as a Director and as the company's Chief Accounting Officer on the filing.

When was the event requiring the Form 3 reported?

The Date of Event Requiring Statement is 09/03/2025.

When was the Form 3 signed and filed?

The document shows a signature by an attorney-in-fact dated 09/10/2025 and references Exhibit 24.

Does the filing disclose any derivative securities for WBS by this reporting person?

No. Table II for derivative securities contains no reported entries for this reporting person.
Webster Financial

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STAMFORD