Webster Financial (WBS) CRO awarded 14,898 time-based restricted shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schugel Jason E.
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,898 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,194 shares (Direct)
Footnotes (1)
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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.
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.