Webster Financial (NYSE: WBS) CAO has 1,158 shares withheld
Rhea-AI Filing Summary
WEBSTER FINANCIAL CORP officer Kristen Antonopoulos, Chief Accounting Officer, reported a disposition related to equity compensation. On August 13, 2026, 1,158 shares of common stock were withheld at $79.07 per share to cover tax liabilities upon the vesting of time-based restricted shares that were accelerated under a Transaction Agreement among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation. After this tax-withholding event, Antonopoulos directly held 6,230 shares of Webster common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,158 shares
Net Sell
1 txn
Insider
Antonopoulos Kristen
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,158 | $79.07 | $92K |
Holdings After Transaction:
Common Stock — 6,230 shares (Direct)
Footnotes (1)
- F1. Represents the tax withholding upon the vesting of certain time-based restricted shares that were accelerated pursuant to the Transaction Agreement, dated as of February 3, 2026, by and among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation.
Key Figures
Shares withheld for taxes: 1,158 shares
Per-share value for withholding: $79.07 per share
Shares held after transaction: 6,230 shares
+1 more
4 metrics
Shares withheld for taxes
1,158 shares
Common stock withheld on August 13, 2026 to satisfy tax liability
Per-share value for withholding
$79.07 per share
Value applied to the 1,158 withheld shares
Shares held after transaction
6,230 shares
Directly owned by Kristen Antonopoulos following the withholding transaction
ExercisePriceOrTaxLiabilityShares
1,158 shares
Total shares involved in code F tax-liability withholding
Key Terms
tax withholding, time-based restricted shares, Transaction Agreement
3 terms
tax withholding financial
"Represents the tax withholding upon the vesting of certain time-based restricted shares"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Transaction Agreement regulatory
"accelerated pursuant to the Transaction Agreement, dated as of February 3, 2026"
A transaction agreement is a legal contract that lays out the terms and steps for a specific business deal—such as a merger, acquisition, asset sale, financing, or securities purchase. It defines what each party must do, what is being exchanged, conditions that must be met, and how disputes are handled. For investors it matters because this document determines the rights, timing, risks, and potential payments they can expect from the deal, much like a recipe and schedule that guides a complex group project.
FAQ
What transaction did Webster Financial Corp (WBS) report for Kristen Antonopoulos on this Form 4?
Webster Financial Corp reported that 1,158 common shares of WBS were withheld from Chief Accounting Officer Kristen Antonopoulos on August 13, 2026 to satisfy tax liabilities arising from the vesting of certain time-based restricted shares accelerated under a Transaction Agreement.
What is the nature of the Form 4 code F transaction reported by Webster Financial Corp (WBS)?
The Form 4 uses code F, indicating shares were withheld to pay tax liability. Specifically, the filing explains the transaction represents tax withholding upon vesting of time-based restricted shares that were accelerated under a Transaction Agreement involving Webster Financial Corporation and related parties.
AI-generated analysis. How Rhea-AI works. Not financial advice.