Webster Financial (WBS) CRO awarded 14,898 time-based restricted shares

Rhea-AI Filing Summary

Schugel Jason E. reported acquisition or exercise transactions in this Form 4 filing.

Webster Financial Corp Chief Risk Officer Jason E. Schugel received a grant of 14,898 shares of common stock as a time-based restricted stock award. These restricted shares will vest in three equal installments over the next three years. Following this award, he directly holds 20,194 common shares.

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

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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^*

Schugel Jason E.

(Last) (First) (Middle)

C/O WEBSTER FINANCIAL CORPORATION

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)
	Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		A		14,898(1)	A	$0	20,194	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 grant of time-based restricted shares that will vest in three equal installments over the next three years.

Remarks:

	/s/ Bradley Larkin, attorney-in-fact	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Webster Financial (WBS) disclose in this Form 4?

Webster Financial reported a stock award to Chief Risk Officer Jason E. Schugel. He received 14,898 time-based restricted common shares, which are part of his equity compensation, bringing his direct holdings to 20,194 shares after the grant.

How many Webster Financial (WBS) shares did Jason E. Schugel receive?

Jason E. Schugel received 14,898 shares of Webster Financial common stock. These shares were granted at no cash purchase price as a restricted stock award and increased his directly held position to a total of 20,194 common shares afterward.

How will the new Webster Financial (WBS) restricted shares vest?

The 14,898 restricted shares will vest in three equal installments over the next three years. This time-based vesting schedule means one-third of the award becomes fully owned each year, aligning executive compensation with longer-term company performance.

What is Jason E. Schugel’s role at Webster Financial (WBS)?

Jason E. Schugel serves as Chief Risk Officer at Webster Financial Corp. The Form 4 shows he received a time-based restricted stock grant of 14,898 common shares as part of his compensation, raising his directly owned stake to 20,194 shares.

Was the Webster Financial (WBS) Form 4 transaction a market purchase or sale?

The Form 4 reflects a grant or award acquisition, not a market trade. Jason E. Schugel did not buy or sell shares on the open market; he received 14,898 restricted common shares as compensation at a stated price of $0.00 per share.

Does the Webster Financial (WBS) filing show any derivative securities activity?

The filing does not show any derivative security transactions for this event. It reports only a non-derivative common stock award of 14,898 restricted shares to Chief Risk Officer Jason E. Schugel, with no options or similar instruments listed in the summary.