Cahill John P. 4

What Happened John P. Cahill, a director of Webster Financial Corp. (WBS), was granted 1,596 restricted shares on May 21, 2026. The Form 4 reports the acquisition (code A) at $0.00 per share (no cash purchase). The grant will vest on the one-year anniversary of the grant and carries a two-year holding period after vesting.

Key Details

• Transaction date: May 21, 2026; filed with the SEC on May 22, 2026 (timely filing).
• Reported price: $0.00 per share; total cash consideration reported = $0.
• Shares received: 1,596 restricted shares; vesting on May 21, 2027; two-year hold thereafter (see footnote F2).
• Additional note: Footnote F1 shows 609.86 shares were added via dividend reinvestment since Cahill’s prior Form 4 (filed May 22, 2025).
• Shares owned after the transaction: not disclosed on the provided filing.

Context This was an equity award under the company’s compensation program (not an open-market purchase or sale). Restricted shares are subject to vesting and post-vesting holding restrictions, so they are not immediately liquid. Awards and dividend reinvestments are routine for executive/director compensation and should be viewed as compensation actions rather than direct buy/sell signals.