Webster (NYSE: WBS) HR head vests stock; taxes take 8,687 shares
Rhea-AI Filing Summary
WEBSTER FINANCIAL CORP executive Javier L. Evans, Chief Human Resources Officer, reported equity compensation activity in common stock on August 13, 2026. Evans acquired 14,948 shares through the vesting of performance shares that were accelerated under a Transaction Agreement among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation. To cover related tax obligations, 7,633 shares tied to those performance shares and 1,054 shares tied to accelerated time-based restricted shares were withheld at a price of $79.07 per share. A separate footnote indicates additional purchases of 71.178 shares through Webster’s Employee Stock Purchase Plan since the prior Form 4.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 6,261 shares
Net Buy
4 txns
Insider
Evans Javier L.
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F2 | 14,948 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 7,633 | $79.07 | $604K |
| Tax Withholding | Common Stock F4 | 1,054 | $79.07 | $83K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 64,679.634 shares (Direct)
Footnotes (4)
- F1. Reflects 71.178 shares purchased through Webster Financial Corporation's Employee Stock Purchase Plan, as amended and restated effective April 1, 2019, since most recent Form 4 filed on March 13, 2026.
- F2. 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.
- F3. 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.
- F4. 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
Performance share vesting: 14,948 shares
Tax withholding on performance shares: 7,633 shares
Tax withholding on restricted shares: 1,054 shares
+3 more
6 metrics
Performance share vesting
14,948 shares
Common stock acquired via accelerated performance share vesting on August 13, 2026
Tax withholding on performance shares
7,633 shares
Shares withheld for tax upon accelerated performance share vesting at $79.07 per share
Tax withholding on restricted shares
1,054 shares
Shares withheld for tax upon accelerated time-based restricted share vesting at $79.07 per share
Tax-withholding price
$79.07 per share
Applied to 7,633 and 1,054 share withholding transactions on August 13, 2026
ESPP purchases since prior Form 4
71.178 shares
Purchased through Webster Financial Corporation's Employee Stock Purchase Plan
Total shares used for tax withholding
8,687 shares
Combined shares withheld for tax on vested performance and time-based restricted shares
Key Terms
Employee Stock Purchase Plan, performance shares, time-based restricted shares, tax withholding, +1 more
5 terms
Employee Stock Purchase Plan financial
"Reflects 71.178 shares purchased through Webster Financial Corporation's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding financial
"Represents the tax withholding upon the vesting of certain performance shares"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Transaction Agreement financial
"accelerated pursuant to the Transaction Agreement, dated as of February 3, 2026"
A transaction agreement is a legal contract that lays out the terms and steps for a specific business deal—such as a merger, acquisition, asset sale, financing, or securities purchase. It defines what each party must do, what is being exchanged, conditions that must be met, and how disputes are handled. For investors it matters because this document determines the rights, timing, risks, and potential payments they can expect from the deal, much like a recipe and schedule that guides a complex group project.
FAQ
What insider equity transactions did WEBSTER FINANCIAL CORP (WBS) report for Javier L. Evans?
WEBSTER FINANCIAL CORP reported that Javier L. Evans acquired 14,948 common shares from accelerated performance share vesting and had 8,687 shares withheld to cover taxes on vested performance and time-based restricted shares on August 13, 2026.
What does the Form 4 say about WEBSTER FINANCIAL CORP (WBS) Employee Stock Purchase Plan activity?
A footnote states that 71.178 shares of WEBSTER FINANCIAL CORP common stock were purchased through the company’s Employee Stock Purchase Plan since the most recent Form 4 filed on March 13, 2026, providing additional context on Evans’s holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
