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Webster Financial (WBS) CFO reports 1,423-share tax withholding disposition

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Webster Financial Corp executive William Neal Holland reported a tax-related share disposition. As EVP and CFO, he had 1,423 shares of common stock withheld at $71.40 per share on restricted stock vesting for tax purposes, a non-open-market transaction coded as tax-withholding. After this event, he directly owned 30,570 common shares.

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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*
HOLLAND WILLIAM NEAL

(Last) (First) (Middle)
C/O WEBSTER FINANCIAL CORP
200 ELM STREET

(Street)
STAMFORD CT 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)
EVP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 F 1,423(1) D $71.4 30,570 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.

FAQ

What insider transaction did Webster Financial (WBS) EVP and CFO William Neal Holland report?

William Neal Holland reported a tax-withholding disposition of 1,423 common shares of Webster Financial on March 3, 2026. The shares were withheld upon vesting of time-based restricted stock granted on March 3, 2025, to satisfy associated tax obligations.

Was the Webster Financial (WBS) insider transaction an open-market sale?

No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld automatically when time-based restricted stock vested, consistent with the Form 4 code F for payment of tax liability by delivering securities back to the issuer.

How many Webster Financial (WBS) shares were involved in the tax withholding and at what price?

The filing shows 1,423 shares of common stock withheld for taxes at a price of $71.40 per share. This reflects the value used to calculate the tax-withholding obligation tied to the vesting of restricted stock granted on March 3, 2025.

How many Webster Financial (WBS) shares does William Neal Holland own after this transaction?

After the tax-withholding disposition, William Neal Holland directly owns 30,570 shares of Webster Financial common stock. This post-transaction holding reflects his remaining direct equity stake following the automatic share withholding related to restricted stock vesting.

What does transaction code F mean in the Webster Financial (WBS) Form 4 filing?

Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, it reflects shares of restricted stock being withheld upon vesting to cover income tax obligations, rather than a discretionary open-market sale.
Webster Financial

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