WEBSTER FINANCIAL CORP executive Benjamin L. Krynick reported equity compensation activity tied to a Transaction Agreement among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation. On 2026-08-13, he acquired 7,893 shares of common stock upon vesting of accelerated performance shares. On the same date, a total of 4,463 shares of common stock were withheld at $79.07 per share to satisfy tax withholding obligations related to the vesting and acceleration of both performance shares and time-based restricted shares. All transactions were reported as direct holdings.
WEBSTER FINANCIAL CORP EVP and CFO William Neal Holland reported equity compensation activity in common stock on August 13, 2026. He acquired 17,149 shares upon vesting of performance shares that were accelerated under a Transaction Agreement among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation. In connection with this vesting, 7,948 performance-based shares and 4,669 time-based restricted shares were withheld at $79.07 per share to satisfy tax withholding obligations.
WEBSTER FINANCIAL CORP executive James MI Griffin, Head of Consumer Banking, reported equity compensation activity in Common Stock on August 13, 2026. He acquired 14,266 shares from the vesting of performance shares that were accelerated under a Transaction Agreement with Banco Santander, S.A. and Webster Virginia Corporation. On the same date, a total of 10,276 shares were disposed of through tax withholding upon vesting of accelerated performance and time-based restricted shares at a price of $79.07 per share. He also reported indirect ownership of 5,488.995 shares held through a 401(k) plan.
WEBSTER FINANCIAL CORP executive Javier L. Evans, Chief Human Resources Officer, reported equity compensation activity in common stock on August 13, 2026. Evans acquired 14,948 shares through the vesting of performance shares that were accelerated under a Transaction Agreement among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation. To cover related tax obligations, 7,633 shares tied to those performance shares and 1,054 shares tied to accelerated time-based restricted shares were withheld at a price of $79.07 per share. A separate footnote indicates additional purchases of 71.178 shares through Webster’s Employee Stock Purchase Plan since the prior Form 4.
WEBSTER FINANCIAL CORP reported equity compensation activity for Chairman and CEO John R. Ciulla. On 2026-08-13, he acquired 105,830 shares of common stock at $0.00 per share in connection with the vesting of performance shares accelerated under a Transaction Agreement with Banco Santander, S.A. and Webster Virginia Corporation. On the same date, a total of 35,585 shares were disposed of under code F transactions at $79.07 per share, representing shares delivered or withheld for payment of tax liability upon the vesting of accelerated performance shares and time-based restricted shares. Following these events, he also reported 17,187.16 shares held indirectly through a 401(k) plan.
WEBSTER FINANCIAL CORP executive Elzbieta Cieslik, EVP & CAO of the bank, reported equity compensation activity in Common Stock on August 13, 2026. She acquired 8,152 shares upon the vesting of performance shares accelerated under a Transaction Agreement among Webster Financial Corporation, Banco Santander, S.A. and Webster Virginia Corporation. On the same date, 3,291 shares and 522 shares were disposed of at $79.07 per share for tax withholding related to the accelerated vesting of performance and time-based restricted shares.
WEBSTER FINANCIAL CORP executive Kristy Berner reported equity compensation-related activity in Common Stock on August 13, 2026. She acquired 14,948 shares upon the vesting of accelerated performance shares under a Transaction Agreement involving Banco Santander, S.A. and Webster Virginia Corporation. On the same date, a total of 8,533 shares were disposed of at $79.07 per share to satisfy tax withholding obligations tied to the accelerated vesting of performance shares and time-based restricted shares.
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.
Webster Financial Corporation reports that Banco Santander, S.A. and Santander Holdings USA, Inc. have received approval from the Board of Governors of the Federal Reserve System to acquire Webster and its non‑banking subsidiaries. This follows prior approvals from the Office of the Comptroller of the Currency on June 12, 2026 and the European Central Bank on July 21, 2026.
The transaction is expected to close on August 20, 2026, after which most of Webster’s businesses are expected to become part of Santander Bank, N.A. Until closing, Santander and Webster will continue to operate independently and customers are told no action is required. Santander expects its U.S. business, once integrated, to reach a return on tangible equity of around 18% by 2028, with approximately 7–8% earnings per share accretion and an estimated 15% return on invested capital by 2028.
Webster Financial Corp executive William Neal Holland, EVP and CFO, reported a tax-withholding disposition of 2,428 shares of common stock on July 27, 2026. The shares were withheld to cover tax liability upon vesting of time-based restricted shares granted on July 25, 2024. After this transaction, Holland directly owned 48,857 shares of Webster Financial common stock, recorded as payment of tax liability by delivering or withholding securities.