ATWELL WILLIAM L 4

What Happened

• William L. Atwell, a director of Webster Financial Corp. (WBS), was granted 1,596 restricted shares on May 21, 2026. The filing reports an acquisition (award/grant) of 1,596 shares at $0.00 per share (total reported value $0). This was a grant of restricted stock, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-21; Filing date: 2026-05-22 (appears filed promptly).
• Transaction type: Award/Grant (Form 4 code A). Price reported: $0.00 per share; total reported value $0.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: The restricted shares vest on the one-year anniversary of the grant (May 21, 2027) and are subject to a two-year holding period after vesting (per footnote F1).
• No 10b5-1 plan, tax withholding, or late-filing flag noted in the provided information.

Context

• Restricted stock grants are a common component of director and executive compensation and represent future-owned shares conditional on vesting and holding rules. Because the shares are subject to time-based vesting and a post-vesting holding period, they are not immediately tradable and do not indicate an immediate buying or selling intent.