Webster (NYSE: WBS) CIO granted shares with tax withholding reported
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
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 297 shares
Net Buy
4 txns
Insider
NAFDE VIKRAM A.
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 543 | $71.40 | $39K |
| Grant/Award | Common Stock | 3,592 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,730 | $72.13 | $125K |
| Exercise Price or Tax Liability | Common Stock | 1,022 | $72.13 | $74K |
Holdings After Transaction:
Common Stock — 25,085.1605 shares (Direct)
Footnotes (4)
- F1. 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.
- F2. Represents the tax withholding upon the vesting of certain performance shares granted on March 1st, 2023.
- F3. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 1, 2023 and March 1, 2024.
- F4. Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 3, 2025.
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.
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