GRIFFIN JAMES MI 4

What Happened

• GRFFIN JAMES MI, Head of Consumer Banking at WEBSTER Financial Corp (WBS), was granted 8,974 restricted shares on March 11, 2026. The reported acquisition price is $0.00 (award), so no cash was paid at grant. This is an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (appears timely).
• Shares granted: 8,974 restricted shares; reported price: $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — the grant consists of time-based restricted shares that will vest in three equal installments over the next three years.
• No indication of a 10b5-1 plan, tax withholding at grant, or immediate sale in this filing.

Context

• Time‑based restricted share awards are common executive/employee compensation and vest over a set schedule; they do not represent an immediate purchase or sale of stock. Because these shares vest over time, they are intended to align the insider’s interests with long-term company performance rather than signal short-term market views.