Webster Financial (WBS) Chief Corp. Resp. Officer Marissa Weidner Receives Award

What Happened
Marissa Weidner, Chief Corporate Responsibility Officer at Webster Financial (WBS), received 8,367 shares on 2026-08-13 as the vesting/award of performance and time-based restricted shares (acquisition price $0). To satisfy tax withholding obligations, 3,463 shares were withheld at $79.07 each ($273,819) and an additional 1,570 shares were withheld at $79.07 each ($124,140), for a total of 5,033 shares withheld and cash value of approximately $397,959. This was an award/vesting event (not an open-market purchase or sale).

Key Details

• Transaction date: August 13, 2026; Form filed August 17, 2026.
• Award: 8,367 shares granted/vested (reported at $0 acquisition price).
• Tax withholding: 3,463 shares @ $79.07 = $273,819 (Disposed, Code F); 1,570 shares @ $79.07 = $124,140 (Disposed, Code F). Total withheld = 5,033 shares (~$397,959).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: Vesting and withholding were accelerated pursuant to the Transaction Agreement dated Feb 3, 2026, among Webster Financial Corporation, Banco Santander, S.A., and Webster Virginia Corporation (notes F1–F3).
• Filing timeliness: Form lists the transaction date and the filing date; the filing does not indicate a late-report code.

Context
This was an accelerated vesting event tied to the Feb 3, 2026 transaction agreement with Banco Santander, resulting in the award of shares and routine tax-withholding (code F). Tax-withholding dispositions are common after vesting and generally reflect tax obligations rather than a discretionary sale signal.