Webster (NYSE: WBS) president vests 41K shares, withholds stock for taxes
Rhea-AI Filing Summary
WEBSTER FINANCIAL CORP executive Christopher J. Motl, President, Commercial Banking, reported equity compensation activity in company Common Stock on August 13, 2026. A total of 41,307 shares were acquired in connection with the vesting of certain performance shares that were accelerated under a Transaction Agreement dated February 3, 2026 among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation. On the same date, 16,256 shares and 2,244 shares were disposed of at $79.07 per share to satisfy tax withholding obligations related to the accelerated vesting of performance shares and time-based restricted shares, respectively. The filing also reports indirect ownership of 8,859.923 shares held through a 401(k) plan.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 22,807 shares
Net Buy
4 txns
Insider
MOTL CHRISTOPHER J
Role
President, Commercial Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 41,307 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 16,256 | $79.07 | $1.29M |
| Tax Withholding | Common Stock F3 | 2,244 | $79.07 | $177K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 108,246 shares (Direct);
Common Stock — 8,859.923 shares (Indirect, 401(k) plan)
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: 41,307 shares
Performance-share tax withholding: 16,256 shares
Restricted-share tax withholding: 2,244 shares
+4 more
7 metrics
Shares acquired via vesting
41,307 shares
Common Stock acquired on August 13, 2026 from vesting of accelerated performance shares
Performance-share tax withholding
16,256 shares
Common Stock disposed of on August 13, 2026 for tax withholding on performance shares
Restricted-share tax withholding
2,244 shares
Common Stock disposed of on August 13, 2026 for tax withholding on time-based restricted shares
Tax-withholding price
$79.07 per share
Price applied to both tax-withholding Common Stock dispositions on August 13, 2026
Indirect 401(k) holdings
8,859.923 shares
Common Stock held indirectly through a 401(k) plan after reported transactions
Tax-withholding shares total
18,500 shares
Aggregate shares reported under code F for payment of tax liability
Exercise price or tax liability transactions
2 transactions
Code F entries for payment of tax liability by delivering or withholding securities
Key Terms
performance shares, time-based restricted shares, tax withholding, Transaction Agreement, +1 more
5 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.
401(k) plan financial
"total_shares_following_transaction 8,859.9230, nature_of_ownership 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider equity grant did WBS executive Christopher J. Motl report on August 13, 2026?
Christopher J. Motl reported acquisition of 41,307 Webster Financial Corp (WBS) common shares tied to the vesting of accelerated performance shares under a Transaction Agreement dated February 3, 2026 involving Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation.
What is the reported price involved in the WBS tax-withholding transactions on August 13, 2026?
Both tax-withholding transactions for Webster Financial Corp (WBS) used a price of $79.07 per share. This price applies to 16,256 shares linked to performance shares and 2,244 shares linked to time-based restricted shares that vested on the same date.
Did the WBS Form 4 disclose accelerated vesting of awards for Christopher J. Motl?
Yes. The footnotes state that certain performance shares and time-based restricted shares vested on an accelerated basis pursuant to a Transaction Agreement dated February 3, 2026 among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation.
Is the net direction of Christopher J. Motl’s August 13, 2026 WBS transactions a buy or sell?
The activity combines equity award vesting and tax-withholding dispositions, resulting in a mixed pattern. Shares were acquired through vesting of performance shares, while other shares were withheld and disposed of to cover associated tax liabilities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
