GRIFFIN JAMES MI 4
4 · WEBSTER FINANCIAL CORP · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Webster Financial (WBS) Head of Consumer Banking GRIFFIN JAMES MI Receives Award
What Happened GRIFFIN JAMES MI, Head of Consumer Banking at Webster Financial Corp (WBS), received a grant of 7,777 restricted shares on January 27, 2026. The Form 4 reports these as an award/acquisition (code A) at a reported price/value of $0. This is a compensation award (time‑based restricted stock), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-01-27; filing date: 2026-01-29 (filed within the typical 2‑business‑day Form 4 window).
- Shares granted: 7,777 restricted shares; reported acquisition price/value: $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnote F1: The shares are time‑based restricted shares that will vest on the three‑year anniversary of the grant (Jan 27, 2029).
- No 10b5‑1 plan, cashless exercise, tax withholding, or gift notation provided in the filing.
Context Time‑based restricted share grants are common compensation for executives and generally vest after a service period (here, three years). They do not represent an immediate purchase or sale of stock and therefore are not a direct bullish or bearish trading signal. These awards are intended as retention/compensation and become tradable only if and when vesting conditions are met.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-27+7,777→ 20,333 total
- 5,458.775(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]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.