Director Whiston adds restricted stock at Webster Financial (WBS) with 1,596-share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whiston William E. reported acquisition or exercise transactions in this Form 4 filing.
WEBSTER FINANCIAL CORP director William E. Whiston received a grant of 1,596 shares of restricted common stock as compensation. The award was granted on May 21, 2026 at no cash cost to him and increases his directly held position to 12,962 shares.
According to the footnote, this restricted stock will vest on the one-year anniversary of the grant date and then be subject to an additional two-year holding period after vesting. Separately, 9,666 shares are reported as held indirectly, jointly with his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Whiston William E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,596 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,962 shares (Direct, null);
Common Stock — 9,666 shares (Indirect, Held Jointly with Spouse)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,596 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 12,962 shares
+1 more
4 metrics
Restricted stock grant
1,596 shares
Grant to director on May 21, 2026
Grant price per share
$0.0000 per share
Compensation award, not open-market purchase
Direct holdings after grant
12,962 shares
Common stock held directly by Whiston
Indirect joint holdings
9,666 shares
Common stock held jointly with spouse
Key Terms
restricted stock, vest, holding period, indirect, +1 more
5 terms
restricted stock financial
"Reflects a grant of restricted stock made to the reporting person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"that will vest on the one-year anniversary of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
holding period financial
"The restricted stock also has a two-year holding period following the vesting period."
indirect financial
"ownership_type": "indirect"
Held Jointly with Spouse financial
"nature_of_ownership": "Held Jointly with Spouse""
FAQ
What insider transaction did Webster Financial (WBS) report for William E. Whiston?
Webster Financial reported that director William E. Whiston received 1,596 shares of restricted common stock. The grant was made on May 21, 2026 as a compensation award, not an open-market purchase, and carries specific vesting and holding requirements.
What are the vesting terms of William E. Whiston’s restricted stock grant at Webster Financial (WBS)?
The 1,596 restricted shares granted to William E. Whiston vest on the one-year anniversary of the May 21, 2026 grant. After vesting, the award is subject to a further two-year holding period, delaying his ability to freely sell the vested shares.
Was cash paid for the restricted stock granted to William E. Whiston at Webster Financial (WBS)?
No cash was paid for this award. The Form 4 shows 1,596 restricted shares acquired at a price of $0.0000 per share, indicating it is a compensation-related grant or award rather than an open-market stock purchase by the director.
Does the Form 4 for Webster Financial (WBS) show any insider stock sales by William E. Whiston?
The Form 4 does not report any stock sales by William E. Whiston. It records one acquire-type transaction, a grant of 1,596 restricted shares, plus an entry reflecting 9,666 shares held indirectly with his spouse as a joint holding position.