Director at Webster Financial (WBS) receives 1,596-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crawford Frederick John reported acquisition or exercise transactions in this Form 4 filing.
WEBSTER FINANCIAL CORP director Frederick John Crawford received a grant of 1,596 shares of Common Stock as restricted stock. The award was made on May 21, 2026 at no cash cost to him and increased his direct holdings to 3,111 shares.
The restricted stock will vest on the one-year anniversary of the grant date and then be subject to an additional two-year holding period after vesting. This is a compensation-related equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Crawford Frederick John
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,596 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,111 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,596 shares
Price per share: $0.0000 per share
Holdings after transaction: 3,111 shares
+2 more
5 metrics
Restricted stock grant
1,596 shares
Common Stock awarded on May 21, 2026
Price per share
$0.0000 per share
Reported grant value for restricted stock
Holdings after transaction
3,111 shares
Total direct Common Stock holdings post-grant
Vesting period
1 year
Restricted stock vests one year after May 21, 2026
Post-vesting holding period
2 years
Holding requirement following vesting of restricted stock
Key Terms
restricted stock, vest, holding period, grant, award, or other acquisition
4 terms
restricted stock financial
"Reflects a grant of restricted stock made to the reporting person on May 21, 2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"that will vest on the one-year anniversary of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
holding period financial
"The restricted stock also has a two-year holding period following the vesting period"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Webster Financial (WBS) director Frederick John Crawford report on this Form 4?
Frederick John Crawford reported receiving 1,596 shares of Webster Financial Common Stock as a restricted stock grant. The award was granted as compensation, not purchased on the open market, and was recorded at a price of $0.0000 per share in the filing.
What are the vesting terms of the restricted stock granted to the Webster Financial (WBS) director?
The restricted stock granted to the director will vest on the one-year anniversary of the May 21, 2026 grant date. After vesting, the shares are subject to an additional two-year holding period, limiting the director’s ability to sell them immediately after vesting.
Was there any purchase or sale of Webster Financial (WBS) stock on the open market in this Form 4?
No open-market purchase or sale occurred in this Form 4. The transaction is coded as an “A” for grant, award, or other acquisition, reflecting a restricted stock compensation grant rather than a market trade, with a reported price per share of $0.0000.