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WEBSTER FINANCIAL CORP·4

Mar 13, 4:40 PM ET

MOTL CHRISTOPHER J 4

Research Summary

AI-generated summary

Updated

Webster Financial (WBS) President Christopher Motl Receives 22,701-Share Award

What Happened
Christopher J. Motl, President of Commercial Banking at Webster Financial Corp (WBS), was granted 22,701 restricted shares on 2026-03-11. The filing shows an acquisition at $0.00 (award/compensation), so no cash was paid; the grant is reported as 22,701 shares.

Key Details

  • Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (appears timely).
  • Transaction type: Award/Grant (reported code A).
  • Shares granted: 22,701; reported acquisition price: $0.00 (award).
  • Shares owned after transaction: not disclosed in the provided filing excerpt.
  • Footnote: F1 — these are time‑based restricted shares that vest in three equal installments over the next three years.
  • No indication this was a sale or option exercise.

Context
Restricted-share grants are a form of compensation and vest over time, so they do not represent an immediate market purchase or sale. Such awards are common for executives and are intended for retention; they should be interpreted as compensation-related rather than a direct signal of buying or selling sentiment.