Webster CFO vests 17K shares; 12K withheld
WEBSTER FINANCIAL CORP EVP and CFO William Neal Holland reported equity compensation activity in common stock on August 13, 2026.
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Rhea-AI Filing Summary
WEBSTER FINANCIAL CORP EVP and CFO William Neal Holland reported equity compensation activity in common stock on August 13, 2026. He acquired 17,149 shares upon vesting of performance shares that were accelerated under a Transaction Agreement among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation. In connection with this vesting, 7,948 performance-based shares and 4,669 time-based restricted shares were withheld at $79.07 per share to satisfy tax withholding obligations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 17,149 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 7,948 | $79.07 | $628K |
| Tax Withholding | Common Stock F3 | 4,669 | $79.07 | $369K |
Footnotes (3)
- F1. Represents the vesting of certain performance shares that were accelerated pursuant to the Transaction Agreement, dated as of February 3, 2026, by and among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation.
- F2. Represents the tax withholding upon the vesting of certain performance shares that were accelerated pursuant to the Transaction Agreement, dated as of February 3, 2026, by and among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation.
- F3. Represents the tax withholding upon the vesting of certain time-based restricted shares that were accelerated pursuant to the Transaction Agreement, dated as of February 3, 2026, by and among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation.
Key Figures
Key Terms
Transaction Agreement regulatory
tax withholding financial
FAQ
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What equity transactions did WBS CFO William Neal Holland report on this Form 4?
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