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Webster (NYSE: WBS) CIO granted shares with tax withholding reported

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

Rhea-AI Filing Summary

WEBSTER FINANCIAL CORP Chief Information Officer Vikram A. Nafde reported equity compensation activity in company common stock. On March 2, 2026, he acquired 3,592 shares through a grant or award at a stated price of $0.00 per share, tied to performance shares for the three-year period ending December 31, 2025.

On March 2 and March 3, 2026, a total of 3,295 shares were disposed of through tax-withholding transactions at prices of $72.13 and $71.40 per share, covering taxes upon vesting of performance and time-based restricted shares granted in prior years. After these transactions, he directly owned 25,085.1605 shares of Webster common stock.

Positive

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Insider NAFDE VIKRAM A.
Role Chief Information Officer
Type Security Shares Price Value
Tax Withholding Common Stock 543 $71.40 $39K
Grant/Award Common Stock 3,592 $0.00 --
Tax Withholding Common Stock 1,730 $72.13 $125K
Tax Withholding Common Stock 1,022 $72.13 $74K
Holdings After Transaction: Common Stock — 25,085.161 shares (Direct)
Footnotes (1)
  1. Represents the vesting of performance shares for the three-year period ending December 31, 2025, as approved by the Compensation and Human Resources Committee on January 28, 2026. Represents the tax withholding upon the vesting of certain performance shares granted on March 1st, 2023. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 1, 2023 and March 1, 2024. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 3, 2025.
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*
NAFDE VIKRAM A.
(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)
Chief Information Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 A 3,592(1) A $0 28,380.1605 D
Common Stock 03/02/2026 F 1,730(2) D $72.13 26,650.1605 D
Common Stock 03/02/2026 F 1,022(3) D $72.13 25,628.1605 D
Common Stock 03/03/2026 F 543(4) D $71.4 25,085.1605 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 vesting of performance shares for the three-year period ending December 31, 2025, as approved by the Compensation and Human Resources Committee on January 28, 2026.
2. Represents the tax withholding upon the vesting of certain performance shares granted on March 1st, 2023.
3. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 1, 2023 and March 1, 2024.
4. 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did WBS executive Vikram Nafde report in this Form 4 filing?

Vikram A. Nafde, Chief Information Officer of Webster Financial Corp (WBS), reported an equity award and related tax-withholding transactions in common stock. The filing reflects routine compensation vesting rather than open-market buying or selling activity.

How many Webster Financial (WBS) shares were granted to Vikram Nafde?

Nafde was granted or awarded 3,592 shares of Webster Financial common stock at a stated price of $0.00 per share. The footnotes explain this represents vesting of performance shares for the three-year period ending December 31, 2025, approved in January 2026.

What tax-withholding share dispositions did the WBS CIO report?

The filing shows 3,295 shares of Webster common stock disposed of through tax-withholding transactions at $72.13 and $71.40 per share. These covered tax obligations on vesting performance and time-based restricted shares granted in 2023, 2024, and 2025.

Did Vikram Nafde buy or sell WBS shares on the open market?

The Form 4 does not report any open-market purchases or sales. It shows one grant or award acquisition and three “F” code tax-withholding dispositions, where shares were withheld to satisfy tax liabilities upon vesting of previously granted equity awards.

How many Webster Financial (WBS) shares does the CIO own after these transactions?

After the reported equity grant and tax-withholding transactions, Vikram Nafde directly owned 25,085.1605 shares of Webster Financial common stock. The ownership is listed as direct, with no indication of intermediary entities or indirect holding structures in the provided data.

What do the Form 4 footnotes say about WBS performance and restricted shares?

The footnotes state the grant reflects vesting of performance shares for the three-year period ending December 31, 2025. They also explain that the “F” code transactions represent tax withholding on vesting of performance and time-based restricted shares granted in 2023, 2024, and 2025.