Webster director awarded 1,596 restricted shares
MORSE LAURENCE C reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MORSE LAURENCE C reported acquisition or exercise transactions in this Form 4 filing.
WEBSTER FINANCIAL CORP director Laurence C. Morse received a compensation grant of 1,596 shares of restricted common stock on May 21, 2026. The grant carried no cash purchase price and will vest on the one-year anniversary of the grant date, followed by a two-year holding period after vesting. Following this award, Morse holds 8,024.6976 shares directly and 18,808 shares indirectly through a trust. These transactions reflect equity-based compensation rather than open-market buying or selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,596 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Reflects a grant of restricted stock made to the reporting person on May 21, 2026 that will vest on the one-year anniversary of the date of grant. The restricted stock also has a two-year holding period following the vesting period.
Key Figures
Key Terms
restricted stock financial
holding period financial
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Laurence C. Morse report in this Webster Financial (WBS) Form 4?
Was the Webster Financial (WBS) Form 4 transaction an open-market buy or sale?
What are the vesting terms of Laurence C. Morse’s restricted stock grant at Webster Financial?
What does the "A" transaction code mean in this Webster Financial Form 4?
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