CIULLA JOHN R 4
Research Summary
AI-generated summary
Webster Financial (WBS) CEO John R. Ciulla Receives Award of 65,735 Shares
What Happened
John R. Ciulla, Chairman, CEO and a director of Webster Financial Corp. (WBS), received a grant of 65,735 restricted shares on 2026-03-11. The shares were issued at $0.00 (total reported value $0) as an equity award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-11; Filing date (Form 4): 2026-03-13. Filing occurred within the normal reporting window.
- Award type/code: A = Grant/award or other acquisition. Price reported: $0.00; Total cash paid: $0.
- Shares granted: 65,735 restricted shares.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The grant consists of time-based restricted shares that vest in three equal installments over the next three years.
Context
This was an equity compensation award (not a purchase or sale). Time-based restricted share grants are typically part of executive pay and retention programs and do not, by themselves, indicate a near-term change in buying or selling behavior.