Director Atwell at Webster Financial (WBS) granted 1,596 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ATWELL WILLIAM L reported acquisition or exercise transactions in this Form 4 filing.
WEBSTER FINANCIAL CORP director William L. Atwell received a grant of 1,596 shares of Common Stock as restricted stock compensation. The award was granted on May 21, 2026 at a stated price of $0.00 per share and is not an open-market purchase. The restricted stock will vest on the one-year anniversary of the grant date and will then be subject to an additional two-year holding period. After this grant, Atwell directly holds a total of 32,511 shares of Webster Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ATWELL WILLIAM L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,596 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,511 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 1,596 shares
Grant price: $0.00 per share
Post-transaction holdings: 32,511 shares
+2 more
5 metrics
Restricted stock grant
1,596 shares
Common Stock award on May 21, 2026
Grant price
$0.00 per share
Stated transaction price for restricted stock
Post-transaction holdings
32,511 shares
Total common shares held directly after grant
Vesting period
1 year
Vests on one-year anniversary of May 21, 2026 grant
Holding period
2 years
Additional holding period after vesting
Key Terms
restricted stock, vest, holding period, grant
4 terms
restricted stock financial
"Reflects a grant of restricted stock made to the reporting person on May 21, 2026"
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"
grant financial
"Reflects a grant of restricted stock made to the reporting person"
FAQ
What did Webster Financial (WBS) director William L. Atwell report on this Form 4?
William L. Atwell reported receiving a grant of 1,596 shares of Webster Financial common stock as restricted stock. This is a compensation-related award, not an open-market stock purchase or sale, and increases his direct holdings in the company.
Is the William L. Atwell Form 4 for Webster Financial (WBS) a stock purchase or sale?
The Form 4 reflects an acquisition through a restricted stock grant, not a market trade. Atwell did not buy or sell shares in the open market; he received shares as part of his director compensation package.
What are the vesting terms of the restricted stock granted to the Webster Financial (WBS) director?
The 1,596 restricted shares granted to Atwell vest on the one-year anniversary of the May 21, 2026 grant date. After vesting, the shares remain subject to a further two-year holding period before they are fully unrestricted.
Does the Webster Financial (WBS) Form 4 indicate any derivative securities for William L. Atwell?
The filing shows no derivative securities for Atwell in the derivative holdings summary. The only reported transaction is the non-derivative restricted stock grant of 1,596 common shares, with no options or other derivatives listed.