Webster Financial (WBS) Director Mona Aboelnaga Gifts 1,500 Shares

What Happened
Mona Aboelnaga, a director of Webster Financial Corporation (WBS), disposed of 1,500 shares on 2026-06-08 as a gift to a charitable fund. The Form 4 reports the transaction as a Gift (code G) with a reported price of $0.00 and $0 total proceeds — i.e., shares were transferred, not sold for cash.

Key Details

• Transaction date: 2026-06-08; Filing date (Accession): 2026-06-09 (filed the next day, within typical Form 4 timing requirements).
• Transaction type/code: Gift (G) — a disposition by donation, not an open-market sale.
• Shares disposed: 1,500; Reported price: $0.00; Reported value: $0.
• Shares owned after transaction: Not disclosed in the filing.
• Remark on filing: The reporting person donated securities to a charitable fund (explicitly noted in the filing).

Context
Gifts of company stock are reported as dispositions but do not necessarily reflect the insider’s view of the company’s prospects; they are often for philanthropic or personal planning reasons. No cash was received in this transaction.