Webster Financial director granted 1,596 shares
HAYLES CAROL reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
HAYLES CAROL reported acquisition or exercise transactions in this Form 4 filing.
WEBSTER FINANCIAL CORP director Carol Hayles received an equity grant of 1,596 shares of common stock as compensation. The award is structured as restricted stock granted at no cash cost to her, increasing her direct holdings to 13,985 shares after the transaction.
The restricted stock will vest on the one-year anniversary of the May 21, 2026 grant date, and it carries an additional two-year holding period after vesting. This makes the transaction a routine, time-based compensation award rather than an open‑market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,596 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects a grant of restricted stock made to the reporting person on May 21, 2026 that will vest on the one-year anniversary of the date of grant. The restricted stock also has a two-year holding period following the vesting period.
FAQ
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What did Webster Financial (WBS) director Carol Hayles report in this Form 4?
What are the vesting terms of Carol Hayles’s restricted stock at Webster Financial (WBS)?
Was Carol Hayles’s Webster Financial (WBS) transaction a market buy or sell?
What does the two-year holding period mean for the Webster Financial (WBS) restricted stock?
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