STOCK TITAN

Webster Financial (NYSE: WBS) CFO has shares withheld for taxes

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Webster Financial Corp executive William Neal Holland, EVP and CFO, reported a tax-withholding disposition of 2,428 shares of common stock on July 27, 2026. The shares were withheld to cover tax liability upon vesting of time-based restricted shares granted on July 25, 2024. After this transaction, Holland directly owned 48,857 shares of Webster Financial common stock, recorded as payment of tax liability by delivering or withholding securities.

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Insider HOLLAND WILLIAM NEAL
Role EVP and CFO
Type Security Shares Price Value
Tax Withholding Common Stock F1 2,428 $76.07 $185K
Holdings After Transaction: Common Stock — 48,857 shares (Direct)
Footnotes (1)
  1. F1. This transaction represents the tax withholding upon the vesting of certain time-based restricted shares granted on July 25, 2024.
Shares withheld for taxes 2,428 shares Common stock withheld on 2026-07-27 to satisfy tax liability on vesting restricted shares
Tax withholding price $76.07 per share Per-share value used for common stock withheld as payment of tax liability
Direct holdings after transaction 48,857 shares Common shares directly owned by EVP and CFO William Neal Holland after the withholding
tax withholding financial
"This transaction represents the tax withholding upon the vesting of certain time-based restricted shares"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
time-based restricted shares financial
"the vesting of certain time-based restricted shares granted on July 25, 2024"
Time-based restricted shares are company stock granted to employees or insiders that cannot be sold or fully owned until they unlock after a set period of time. Think of them like a savings account that gradually becomes accessible: they help keep key people tied to the company and can change the total number of tradable shares when they become available, which matters for investor returns and expectations about future selling pressure.
vesting financial
"tax withholding upon the vesting of certain time-based restricted shares granted"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Webster Financial (WBS) report for its CFO?

Webster Financial’s EVP and CFO William Neal Holland reported a tax-withholding disposition of 2,428 common shares on July 27, 2026, at $76.07 per share to satisfy tax obligations triggered by vesting of time-based restricted shares granted on July 25, 2024.

How many Webster Financial (WBS) shares does the CFO hold after the transaction?

Following the July 27, 2026 tax-withholding transaction, EVP and CFO William Neal Holland directly owned 48,857 shares of Webster Financial common stock. This figure reflects his remaining direct holdings after 2,428 shares were withheld to cover associated tax liability.

Was the Webster Financial (WBS) CFO’s transaction an open-market sale?

No. The transaction was recorded as payment of tax liability by delivering or withholding shares, not an open-market sale. Shares were withheld in connection with the vesting of time-based restricted stock rather than sold on the market for discretionary trading purposes.

What price was used for the Webster Financial (WBS) CFO’s tax-withholding shares?

The 2,428 shares withheld for taxes were valued at $76.07 per share. This per-share value was applied in recording the common stock withheld as payment of tax liability related to the vesting of time-based restricted shares granted on July 25, 2024.

What triggered the CFO’s tax-withholding share disposition at Webster Financial (WBS)?

The disposition was triggered by the vesting of time-based restricted shares granted to EVP and CFO William Neal Holland on July 25, 2024. When these restricted shares vested, a portion, 2,428 shares, was withheld to satisfy the resulting tax liability.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HOLLAND WILLIAM NEAL

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

(Street)
STAMFORD CONNECTICUT 06902

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WEBSTER FINANCIAL CORP [ WBS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/27/2026F2,428(1)D$76.0748,857D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction represents the tax withholding upon the vesting of certain time-based restricted shares granted on July 25, 2024.
Remarks:
/s/ Bradley Larkin, attorney-in-fact07/28/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)