Were the Webster Financial (WBS) share disposals by Charles L. Wilkins open-market sales?

The disposals were tax-withholding transactions, not open-market sales. Shares totaling 1,580, 709, and 328 were withheld at prices around $72 per share to satisfy tax obligations upon vesting of performance and time-based restricted stock.

Webster Financial (WBS) executive logs stock award and tax share withholdings

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Webster Financial Corp executive Charles L. Wilkins, Head of HSA Bank, reported equity compensation activity in company common stock. On March 2, 2026, he acquired 6,256 shares through a grant or award tied to performance shares for the three-year period ending December 31, 2025.

The filing also shows several tax-withholding dispositions rather than open-market sales. On March 2, 2026, a total of 2,289 shares (1,580 and 709) were withheld at prices of $72.13 per share upon vesting of performance and time-based restricted shares granted in 2023, 2024, and 2025. On March 3, 2026, an additional 328 shares were withheld at $71.40 per share for related tax obligations, leaving him with 35,173 shares directly owned after the latest transaction.

Insider Trade Summary

Net Buyer: 3,639 shares

Net Buy 4 txns

Insider WILKINS CHARLES L

Role Head of HSA Bank

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	328	$71.40	$23K
Grant/Award	Common Stock	6,256	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,580	$72.13	$114K
Exercise Price or Tax Liability	Common Stock	709	$72.13	$51K

Holdings After Transaction: Common Stock — 35,173 shares (Direct)

Footnotes (4)

F1. Represents the vesting of performance shares for the three-year period ending December 31, 2025, as approved by the Compensation and Human Resources Committee on January 28, 2026.
F2. Represents the tax withholding upon the vesting of certain performance shares granted on March 1st, 2023.
F3. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 1, 2023 and March 1, 2024.
F4. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 3, 2025.

FAQ

What did Webster Financial (WBS) executive Charles L. Wilkins report in this Form 4?

Charles L. Wilkins reported a stock award and related tax share withholdings. He received 6,256 Webster Financial common shares from vesting performance awards, and several small dispositions where shares were withheld to cover tax liabilities on vested performance and time-based restricted shares.

How many Webster Financial (WBS) shares did Charles L. Wilkins acquire?

He acquired 6,256 shares of Webster Financial common stock at a stated price of $0.00 per share. The award reflects vesting of performance shares for the three-year period ending December 31, 2025, as approved by the Compensation and Human Resources Committee.

What is Charles L. Wilkins’ role at Webster Financial (WBS)?

Charles L. Wilkins is an officer of Webster Financial, serving as Head of HSA Bank. The reported Form 4 transactions relate to his equity compensation in Webster Financial common stock and associated tax-withholding events upon vesting.

How many Webster Financial (WBS) shares does Charles L. Wilkins own after these transactions?

After the latest reported tax-withholding disposition on March 3, 2026, Charles L. Wilkins directly owns 35,173 shares of Webster Financial common stock. Earlier post-transaction balances in the filing show intermediate levels as awards vested and shares were withheld for taxes.

What do the footnotes in Charles L. Wilkins’ Webster Financial (WBS) Form 4 explain?

The footnotes explain that the award reflects vesting of performance shares for a three-year period ending December 31, 2025, and that the reported F-code transactions are tax withholdings on vesting performance and time-based restricted shares granted in 2023, 2024, and 2025.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/04/2026 - 04:25 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WILKINS CHARLES L

(Last)

(First)

(Middle)

C/O WEBSTER FINANCIAL CORP

200 ELM STREET

(Street)

STAMFORD

06902

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
WEBSTER FINANCIAL CORP [ WBS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Head of HSA Bank

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/02/2026		A		6,256⁽¹⁾	A	$0	37,790	D
Common Stock	03/02/2026		F		1,580⁽²⁾	D	$72.13	36,210	D
Common Stock	03/02/2026		F		709⁽³⁾	D	$72.13	35,501	D
Common Stock	03/03/2026		F		328⁽⁴⁾	D	$71.4	35,173	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the vesting of performance shares for the three-year period ending December 31, 2025, as approved by the Compensation and Human Resources Committee on January 28, 2026.

2. Represents the tax withholding upon the vesting of certain performance shares granted on March 1st, 2023.

3. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 1, 2023 and March 1, 2024.

4. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 3, 2025.

Remarks:

	/s/ Bradley Larkin, attorney-in-fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR