Webster (NYSE: WBS) CAO gets 8,152 shares; some withheld
Rhea-AI Filing Summary
WEBSTER FINANCIAL CORP executive Elzbieta Cieslik, EVP & CAO of the bank, reported equity compensation activity in Common Stock on August 13, 2026. She acquired 8,152 shares upon the vesting of performance shares accelerated under a Transaction Agreement among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation. On the same date, 3,291 shares and 522 shares were disposed of at $79.07 per share for tax withholding related to the accelerated vesting of performance and time-based restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,339 shares
Net Buy
3 txns
Insider
CIESLIK ELZBIETA
Role
EVP & CAO of Bank
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 8,152 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 3,291 | $79.07 | $260K |
| Tax Withholding | Common Stock F3 | 522 | $79.07 | $41K |
Holdings After Transaction:
Common Stock — 24,248 shares (Direct)
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
Shares acquired via vesting: 8,152 shares
Shares withheld for taxes (performance shares): 3,291 shares
Shares withheld for taxes (time-based restricted shares): 522 shares
+2 more
5 metrics
Shares acquired via vesting
8,152 shares
Vesting of certain performance shares on August 13, 2026
Shares withheld for taxes (performance shares)
3,291 shares
Tax withholding upon vesting of accelerated performance shares at $79.07 per share
Shares withheld for taxes (time-based restricted shares)
522 shares
Tax withholding upon vesting of accelerated time-based restricted shares at $79.07 per share
Tax withholding price
$79.07 per share
Price applied to shares disposed of for tax withholding on August 13, 2026
Shares used for exercise price or tax liability (Form 4 summary)
3,813 shares
Total code F shares for payment of tax liability reported in the transaction summary
Key Terms
performance shares, time-based restricted shares, tax withholding, Transaction Agreement
4 terms
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 regulatory
"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 transactions did WEBSTER FINANCIAL CORP (WBS) report for Elzbieta Cieslik on August 13, 2026?
On August 13, 2026, Elzbieta Cieslik acquired 8,152 Webster Financial (WBS) common shares through vested performance shares. The same day, 3,291 and 522 shares were withheld at $79.07 per share to cover related tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.