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Webster Financial Corp. (WBS) – SEC Form 4 filing
Chief Risk Officer Daniel Bley filed a Form 4 after retiring effective 14 July 2025. The filing shows no reportable purchase or sale of Webster Financial common stock on that date; instead, it discloses that Bley continues to hold 19,117 shares directly. No derivative positions are reported. The document is largely administrative, satisfying Section 16 obligations as Bley exits his officer role.
Webster Financial Corporation (NYSE: WBS) filed an 8-K disclosing two governance actions.
- On June 25, 2025, the Board appointed Frederick J. Crawford as an independent director, effective July 1, 2025. His addition increases the Board from 12 to 13 members and places him on the Audit and Risk Committees. The Board deemed him financially literate and an “audit committee financial expert.” There are no related-party relationships, and he will receive prorated non-employee director compensation.
- A July 1, 2025 press release (Exhibit 99.1) announced Jason Schugel will become Chief Risk Officer and Executive Vice President, effective July 14, 2025.
No financial results, capital transactions or strategic deals were reported. The filing is primarily a leadership update that modestly strengthens risk and audit oversight without immediate earnings impact.