WEBSTER FINANCIAL CORP·4

Jan 29, 5:09 PM ET

NAFDE VIKRAM A. 4

4 · WEBSTER FINANCIAL CORP · Filed Jan 29, 2026

Research Summary

AI-generated summary of this filing

Updated

Webster Financial (WBS) CIO Vikram A. Nafde Receives 7,777-Share Award

What Happened
Vikram A. Nafde, Chief Information Officer of Webster Financial Corporation (WBS), was granted 7,777 time‑based restricted shares on January 27, 2026. The grant was reported as an acquisition at $0 per share (award), with a reported total value of $0 on the Form 4 (award value is not the same as market value). This is a company equity award rather than an open‑market purchase or sale.

Key Details

  • Transaction date: January 27, 2026; Form 4 filed January 29, 2026.
  • Transaction type: A = Award/Grant of restricted shares.
  • Shares granted: 7,777 restricted shares; reported acquisition price $0 (award).
  • Shares owned after transaction: Not stated on the Form 4.
  • Footnotes:
    • F1: Includes 184.591 shares purchased through Webster’s Employee Stock Purchase Plan since the Form 4 filed on June 17, 2025.
    • F2: These are time‑based restricted shares that vest on the three‑year anniversary of the grant (Jan 27, 2029).
  • Timeliness: Filing date is two days after the transaction date, generally within the standard Form 4 reporting window.

Context
Restricted share grants are compensation awards that vest over time (here, three years). They are not an open‑market purchase and don’t necessarily signal immediate insider buying or selling intent. Taxes or withholding may apply at vesting; consult the filing for additional company compensation plan details.

Insider Transaction Report

Form 4
Period: 2026-01-27
NAFDE VIKRAM A.
Chief Information Officer
Transactions
  • Award

    Common Stock

    [F2]
    2026-01-27+7,77724,788.161 total
Holdings
  • Common Stock

    [F1]
    17,011.161
Footnotes (2)
  • [F1]Includes 184.591 shares purchased through Webster Financial Corporation's Employee Stock Purchase Plan, as amended and restated effective April 1, 2019, since the Form 4 filed on June 17, 2025.
  • [F2]Represents the grant on January 27, 2026, of time-based restricted shares that will vest on the three-year anniversary of the date of grant.
Signature
/s/ Bradley Larkin, attorney-in-fact|2026-01-29

Documents

1 file
  • 4
    wk-form4_1769724538.xmlPrimary

    FORM 4