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Webster Financial (WBS) executive logs tax-withholding stock dispositions in Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Webster Financial Corp executive Benjamin L. Krynick, Head of Bank Operations, reported two small tax-related share dispositions in common stock. On March 2, 2026, 804 shares were withheld at $72.13 per share, and on March 3, 2026, 325 shares were withheld at $71.40 per share.

The transactions are coded as tax-withholding dispositions linked to the vesting of previously granted time-based restricted shares. After these transactions, Krynick directly holds 11,924.51 shares of Webster Financial common stock.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
KRYNICK BENJAMIN L.

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

(Street)
STAMFORD CT 06902

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WEBSTER FINANCIAL CORP [ WBS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Head of Bank Operations
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. 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 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)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 F 804(1) D $72.13 12,249.51 D
Common Stock 03/03/2026 F 325(2) D $71.4 11,924.51 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 1, 2023 and March 1, 2024.
2. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 3, 2025.
Remarks:
/s/ Bradley Larkin, attorney-in-fact 03/04/2026
** 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 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.

FAQ

What insider transactions did Webster Financial (WBS) report for Benjamin L. Krynick?

Benjamin L. Krynick reported two tax-related share dispositions in Webster Financial common stock. On March 2, 2026, 804 shares were withheld, and on March 3, 2026, 325 shares were withheld, both tied to vesting of time-based restricted stock awards.

Why were Webster Financial (WBS) shares disposed of in Benjamin L. Krynick’s Form 4?

The dispositions represent tax withholding upon the vesting of time-based restricted shares previously granted to Benjamin L. Krynick. Shares were withheld instead of cash to satisfy tax obligations triggered as these restricted stock awards vested on specified March 2023, 2024, and 2025 grant dates.

How many Webster Financial (WBS) shares were involved in Benjamin L. Krynick’s latest Form 4?

A total of 1,129 Webster Financial common shares were withheld for taxes: 804 shares on March 2, 2026 at $72.13 per share, and 325 shares on March 3, 2026 at $71.40 per share, all classified as tax-withholding dispositions rather than open-market sales.

How many Webster Financial (WBS) shares does Benjamin L. Krynick hold after these transactions?

Following the reported tax-withholding dispositions, Benjamin L. Krynick directly holds 11,924.51 shares of Webster Financial common stock. This remaining balance reflects his ownership after the company withheld shares to cover taxes when his time-based restricted stock awards vested.

What do the Form 4 tax-withholding codes mean for Webster Financial (WBS)?

The Form 4 uses code “F” to show shares delivered to cover tax liabilities when equity awards vest. For Webster Financial, this indicates administrative tax-withholding dispositions for Benjamin L. Krynick’s restricted shares, rather than discretionary buying or selling in the open market.
Webster Financial

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