Director Richard O'Toole gifts 10,000 Webster Financial (WBS) shares

Rhea-AI Filing Summary

WEBSTER FINANCIAL CORP director Richard L. O'Toole reported a bona fide gift of 10,000 shares of Common Stock on a Form 4. The transaction is coded as a gift transfer with no price per share reported, indicating a non-market disposition rather than a sale.

Following the gift, O'Toole directly holds 27,193 shares of Common Stock. This filing records an ownership transfer for personal or charitable reasons and does not reflect an open-market buy or sell decision.

Insider Trade Summary

10,000 shares gifted

Mixed 1 txn

Insider O'Toole Richard L.

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	10,000	$0.00	--

Holdings After Transaction: Common Stock — 27,193 shares (Direct, null)

Footnotes (1)

Key Figures

Gifted shares: 10,000 shares Price per gifted share: $0.0000 Shares held after transaction: 27,193 shares +1 more

4 metrics

Gifted shares 10,000 shares Bona fide gift of Common Stock reported on Form 4

Price per gifted share $0.0000 Reported transaction price per share for the gift

Shares held after transaction 27,193 shares O'Toole’s direct Common Stock holdings following the gift

Transaction date 2026-05-04 Date of the bona fide gift transaction

Key Terms

Form 4, bona fide gift, Common Stock, disposition

4 terms

Form 4 regulatory

"reported a bona fide gift of 10,000 shares of Common Stock on a Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

bona fide gift financial

"The transaction is coded as a bona fide gift of 10,000 shares"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Common Stock financial

"a bona fide gift of 10,000 shares of Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

disposition financial

"indicating a non-market disposition rather than a sale"

Form 4 Insider Transactions: What Each Field Means →

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^*

O'Toole Richard L.

(Last) (First) (Middle)

C/O WEBSTER FINANCIAL CORP

200 ELM STREET

(Street)

STAMFORD CONNECTICUT 06902

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WEBSTER FINANCIAL CORP [ WBS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/04/2026		G		10,000	D	$0	27,193	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:

Remarks:

This transaction involved a gift of securities by the reporting person to a charitable fund.

	/s/ Bradley Larkin, attorney-in-fact	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WBS director Richard O'Toole report?

Director Richard L. O'Toole reported a bona fide gift of 10,000 shares of Webster Financial Corp Common Stock. The Form 4 classifies this as a gift transfer, meaning shares were given away rather than sold in the open market for cash proceeds.

Is Richard O'Toole’s WBS transaction a stock sale or purchase?

The transaction is neither a sale nor a purchase; it is a bona fide gift of 10,000 Common Stock shares. The Form 4 shows a gift code and zero price per share, indicating a non-market transfer rather than an open-market trade for investment purposes.

How many Webster Financial (WBS) shares does Richard O'Toole hold after the gift?

After the reported gift, Richard O'Toole directly holds 27,193 shares of Webster Financial Corp Common Stock. This post-transaction balance is disclosed in the Form 4 to show his remaining ownership position following the 10,000-share gift disposition.

What does the bona fide gift code mean in the WBS Form 4 filing?

The bona fide gift code indicates that 10,000 WBS shares were transferred as a genuine gift without consideration. This type of transaction is a disposition for reporting purposes but is not an open-market sale and does not signal active trading for profit.

Does Richard O'Toole receive cash from the WBS share gift?

No, a bona fide gift transaction does not involve cash proceeds for the reporting person. The Form 4 shows a price per share of 0.0000, confirming the 10,000-share transfer was a non-cash gift rather than a sale generating cash to Richard O'Toole.