WEBSTER FINANCIAL CORP (WBS) director Richard L. O'Toole reported a disposition to the issuer of 28,789 shares of common stock on August 20, 2026. The shares were exchanged under a February 3, 2026 transaction agreement tied to a reincorporation merger with Webster Virginia Corporation and Banco Santander, S.A. As a result, O'Toole no longer beneficially owns any Webster common stock.
Under the agreement, each Webster share outstanding immediately before the merger’s effective time was exchanged for the right to receive from Banco Santander 2.0548 Banco Santander American Depositary Shares plus $48.75 in cash, without interest, on the August 20, 2026 closing date. The closing price of Webster common stock on the last trading day before closing was $77.57, and any fractional shares were paid in cash.
WEBSTER FINANCIAL CORP (WBS) reports that Chief Information Officer Vikram A. Nafde disposed of all of his Common Stock on August 20, 2026 in a disposition to the issuer tied to a reincorporation merger with Webster Virginia Corporation and a broader transaction with Banco Santander, S.A. Each share of Webster common stock was exchanged for the right to receive from Banco Santander 2.0548 American Depositary Shares plus $48.75 in cash, without interest, with any fractional shares paid in cash. Following this transaction, the reporting person no longer beneficially owns any Webster common stock, and all of his Webster equity awards were converted into equivalent Banco Santander equity awards.
WEBSTER FINANCIAL CORP (WBS) director Maureen Mitchell reported a disposition of all her common stock in connection with a reincorporation merger involving Webster, Webster Virginia Corporation and Banco Santander, S.A. On August 20, 2026, 17,276.999 Webster shares were disposed of as part of the closing.
Under the transaction terms, each Webster share outstanding immediately before the effective time was exchanged for the right to receive from Banco Santander 2.0548 American Depositary Shares and $48.75 in cash, without interest. The closing price of Webster common stock on the last trading day before closing was $77.57. As a result, Mitchell no longer beneficially owns any Webster common shares; cash was paid instead of fractional shares.
WEBSTER FINANCIAL CORP (WBS) reports that President and COO Luis Massiani disposed of 185,081.85 shares of Webster common stock in a disposition to the issuer connected to Webster’s reincorporation merger with Webster Virginia Corporation. Under a Transaction Agreement among Banco Santander, S.A., Webster and Webster Virginia, each Webster share was exchanged on August 20, 2026 for the right to receive 2.0548 Banco Santander American Depositary Shares plus $48.75 in cash, without interest. All of Massiani’s Webster equity awards were converted into equivalent Banco Santander equity awards, and he no longer beneficially owns any Webster common stock.
WEBSTER FINANCIAL CORP (WBS) reports that Christopher J. Motl, President, Commercial Banking, disposed of all his Webster common stock on August 20, 2026 in connection with a reincorporation merger under a Transaction Agreement with Banco Santander, S.A. Each Webster share was exchanged for the right to receive 2.0548 Banco Santander American Depositary Shares plus $48.75 in cash, without interest. All of Motl’s Webster equity awards were converted into equivalent Banco Santander equity awards, and he no longer beneficially owns any Webster common stock.
WEBSTER FINANCIAL CORP (WBS) director Laurence C. Morse reported disposing of all of his Webster common stock in connection with a corporate transaction. On August 20, 2026, under a transaction agreement among Banco Santander, S.A., Webster and Webster Virginia Corporation, each Webster share was exchanged for the right to receive 2.0548 Banco Santander American Depositary Shares plus $48.75 in cash, with fractional shares paid in cash. The closing price of Webster common stock on the last trading day before closing was $77.57, and following the transaction Morse no longer beneficially owns any Webster common shares, directly or indirectly.
WEBSTER FINANCIAL CORP (WBS) reported that officer Benjamin L. Krynick, Head of Bank Operations, disposed of 20,182.510 shares of common stock in a disposition to the issuer on August 20, 2026. The disposition occurred under a Transaction Agreement related to a reincorporation merger and Banco Santander’s acquisition structure.
Each Webster share was exchanged for the right to receive from Banco Santander 2.0548 American Depositary Shares plus $48.75 in cash, without interest, as of the closing on August 20, 2026. All of Krynick’s Webster equity awards were converted into equivalent Banco Santander equity awards, and he now holds no Webster common stock.
WEBSTER FINANCIAL CORP (WBS) reports that director William David Haas disposed of 6,261 shares of Common Stock in a disposition to the issuer on August 20, 2026, in connection with a reincorporation merger involving Webster and Webster Virginia Corporation. Each share was exchanged for the right to receive from Banco Santander 2.0548 American Depositary Shares and $48.75 in cash, without interest, as of the closing on August 20, 2026. Following this transaction, Haas no longer beneficially owns any shares of Webster common stock.
WEBSTER FINANCIAL CORP (WBS) reported that EVP and CFO William Neal Holland disposed of 53,389 shares of Webster common stock in a disposition to the issuer on August 20, 2026. The disposition occurred in connection with a reincorporation merger in which each Webster share was exchanged for the right to receive from Banco Santander 2.0548 American Depositary Shares and $48.75 in cash, without interest. Webster common stock closed at $77.57 on the last trading day before closing. All of Holland’s Webster equity awards were converted into equivalent Banco Santander equity awards, and he no longer beneficially owns any Webster common stock.
WEBSTER FINANCIAL CORP (WBS) reported that director Carol Hayles disposed of 13,985 shares of Webster common stock in a disposition to the issuer in connection with a reincorporation merger and related transaction with Banco Santander, S.A. Each Webster share was exchanged for the right to receive from Banco Santander 2.0548 American Depositary Shares and $48.75 in cash per share on August 20, 2026, the stated closing date. The filing states that, as a result of this transaction, Hayles no longer beneficially owns any Webster common stock.