Whiston William E. 4

What Happened

• William E. Whiston, a director of Webster Financial Corp (WBS), received a grant of 1,596 restricted shares on May 21, 2026. The filing reports the acquisition price as $0.00 (award/grant), so no cash purchase was made. This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-21; Form 4 filed: 2026-05-22 (timely filing the next day).
• Shares granted: 1,596 restricted shares; reported acquisition price: $0.00 (code A — award/grant).
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: The restricted shares vest on the one‑year anniversary of the grant and are subject to a two‑year holding period after vesting.
• No indication of a 10b5-1 plan, cashless exercise, tax‑withholding sale, or gift in this filing.

Context

• Restricted stock awards are a form of compensation and typically cannot be sold until they vest and any post‑vesting holding restrictions lapse, so this grant does not represent an immediate buy or sell market signal. Such awards are common for directors and executives as retention/compensation tools.