Webster Financial (WBS) executive logs tax-withholding stock dispositions in Form 4
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KRYNICK BENJAMIN L.
Role
Head of Bank Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 325 | $71.40 | $23K |
| Tax Withholding | Common Stock | 804 | $72.13 | $58K |
Holdings After Transaction:
Common Stock — 11,924.51 shares (Direct)
Footnotes (1)
- Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 1, 2023 and March 1, 2024. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 3, 2025.
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.
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.