Webster Financial (NYSE: WBS) executive logs stock award and tax-related share disposals
Rhea-AI Filing Summary
Webster Financial Corp reported equity transactions by Christopher J. Motl, President, Commercial Banking. On March 2, 2026, he acquired 11,674 shares of common stock as a grant or award at $0.00 per share, related to performance share vesting for the three-year period ending December 31, 2025. On March 2 and March 3, 2026, a total of 10,181 shares were disposed of at prices of $72.13 and $71.40 per share to satisfy tax withholding obligations upon the vesting of performance and time-based restricted shares granted in 2023, 2024, and 2025. Following these transactions, he directly owned between about 62,738 and 72,919 common shares at the various reported steps, and also held 8,859.923 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,650 | $71.40 | $118K |
| Grant/Award | Common Stock | 11,674 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,431 | $72.13 | $392K |
| Exercise Price or Tax Liability | Common Stock | 3,100 | $72.13 | $224K |
| holding | Common Stock | -- | -- | -- |
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.
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