Haas William David 4
Research Summary
AI-generated summary
Webster Financial (WBS) Director William D. Haas Receives Award
What Happened
- William D. Haas, a director of Webster Financial Corporation (ticker: WBS), was granted 1,596 restricted common shares on May 21, 2026. The grant is reported at $0.00 per share (no cash paid by the insider).
Key Details
- Transaction date: 2026-05-21; filing date: 2026-05-22 (timely filed).
- Reported price: $0.00 per share; total reported cash consideration: $0.
- Shares acquired: 1,596 restricted shares (transaction code A = award/grant).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The restricted shares vest one year after the grant (about 2027-05-21) and are subject to an additional two-year holding period after vesting (no sale until ~2029-05-21).
Context
- This was a compensation-related restricted stock grant, not an open-market purchase or sale. Such awards are common for directors and do not necessarily indicate the insider is buying or selling based on near-term market views. The vesting and extended holding period limit near-term liquidity.