Webster Financial (WBS) EVP awarded 8,194 restricted shares in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEBSTER FINANCIAL CORP executive Kristy Berner received an equity award of company stock. On the reported date, she acquired 8,194 shares of common stock as a grant, with no cash paid per share. This is a compensation-related award, not an open-market purchase.
The grant consists of time-based restricted shares that will vest in three equal installments over the next three years, aligning her compensation with longer-term company performance. Following this award, she directly holds 24,181.369 shares of Webster Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berner Kristy
Role
EVP, GC & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,194 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,181.369 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Kristy Berner report for WEBSTER FINANCIAL CORP (WBS)?
Kristy Berner reported receiving a grant of 8,194 shares of WEBSTER FINANCIAL CORP common stock. The shares were awarded as equity compensation, not bought on the open market, and increased her direct holdings to 24,181.369 shares after the transaction.
Was the WEBSTER FINANCIAL CORP (WBS) Form 4 transaction a purchase or a grant?
The Form 4 shows a grant of 8,194 common shares to Kristy Berner at a price of $0 per share. It is classified as a compensation-related grant or award acquisition, not an open-market purchase or sale of the company’s stock.
Does the Kristy Berner Form 4 for WEBSTER FINANCIAL CORP (WBS) involve any stock sales?
The Form 4 does not report any sales of WEBSTER FINANCIAL CORP stock by Kristy Berner. It only records a grant of 8,194 restricted shares as compensation, with no shares disposed of and no open-market selling activity disclosed in this filing.