Webster Financial (WBS) banking president granted 22,701 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MOTL CHRISTOPHER J
Role
President, Commercial Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,701 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 85,439 shares (Direct);
Common Stock — 8,859.923 shares (Indirect, 401(k) plan)
Footnotes (1)
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FAQ
What did Christopher J. Motl report in this Webster Financial (WBS) Form 4?
Christopher J. Motl reported receiving a grant of 22,701 shares of Webster Financial Common Stock. The shares are a time-based restricted stock award, granted at no cash cost, increasing his reported direct holdings to 85,439 shares after the transaction.
What are Christopher Motl’s Webster Financial (WBS) holdings after this Form 4?
After the reported grant, Christopher Motl directly holds 85,439 shares of Webster Financial Common Stock. In addition, he indirectly holds 8,859.923 shares through a 401(k) plan, reflecting both his direct and retirement-plan-related positions in the company.
What does the 401(k) plan holding mean in the WBS Form 4 for Christopher Motl?
The filing shows an indirect holding of 8,859.923 Webster Financial shares in a 401(k) plan. This indicates a retirement-plan position separate from his 85,439 directly owned shares, giving a fuller picture of his total reported economic exposure to the company’s stock.