Webster Financial exec granted 22,701 shares
MOTL CHRISTOPHER J reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MOTL CHRISTOPHER J reported acquisition or exercise transactions in this Form 4 filing.
WEBSTER FINANCIAL CORP executive Christopher J. Motl, President, Commercial Banking, received a grant of 22,701 shares of Common Stock on 2026-03-11. The award is a time-based restricted stock grant at no cash cost to him.
According to the footnote, these restricted shares will vest in three equal installments over the next three years, meaning one-third becomes available each year as long as conditions are met. After this grant, he directly owns 85,439 Common Stock shares and indirectly holds 8,859.923 shares through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,701 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents the grant of time-based restricted shares that will vest in three equal installments over the next three years.
FAQ
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What did Christopher J. Motl report in this Webster Financial (WBS) Form 4?
What are Christopher Motl’s Webster Financial (WBS) holdings after this Form 4?
What does the 401(k) plan holding mean in the WBS Form 4 for Christopher Motl?
AI-generated analysis. How Rhea-AI works. Not financial advice.