Webster Financial (NYSE: WBS) CFO receives 20,715-share stock grant
Rhea-AI Filing Summary
Webster Financial Corp EVP and CFO William Neal Holland reported a compensation-related stock grant. He acquired 20,715 shares of common stock as a time-based restricted share award, with no cash paid per share. These shares vest in three equal installments over the next three years. Following this grant, he directly holds 51,285 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,715 shares
Net Buy
1 txn
Insider
HOLLAND WILLIAM NEAL
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,715 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 51,285 shares (Direct)
Footnotes (1)
- F1. Represents the grant of time-based restricted shares that will vest in three equal installments over the next three years.
FAQ
What insider transaction did Webster Financial (WBS) report for its CFO?
Webster Financial reported that EVP and CFO William Neal Holland received a grant of 20,715 shares of common stock as a time-based restricted share award. The transaction was coded as an acquisition, reflecting a compensation grant rather than an open-market purchase or sale.
Is the Webster Financial (WBS) CFO Form 4 transaction a market buy or sell?
The Form 4 transaction is not a market buy or sell. It is coded as a grant, award, or other acquisition, reflecting 20,715 time-based restricted shares awarded as compensation to EVP and CFO William Neal Holland, rather than an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.