Webster Financial (WBS) director awarded 1,596 restricted shares in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mitchell Maureen reported acquisition or exercise transactions in this Form 4 filing.
WEBSTER FINANCIAL CORP director Maureen Mitchell received an equity award and updated her shareholdings. A Form 4 shows a grant of 1,596 shares of restricted common stock on May 21, 2026 at a stated price of $0.00 per share. The restricted stock will vest on the one-year anniversary of the grant date and then be subject to a further two-year holding period. The filing also reflects 146.281 additional shares from dividend reinvestments since the prior Form 4. After these changes, Mitchell directly owns 17,276.999 shares of Webster Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mitchell Maureen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,596 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,276.999 shares (Direct, null)
Footnotes (1)
- Reflects 146.281 shares received in dividend reinvestments since most recent Form 4 filed on May 22, 2025. Reflects a grant of restricted stock made to the reporting person on May 21, 2026 that will vest on the one-year anniversary of the date of grant. The restricted stock also has a two-year holding period following the vesting period.
Key Figures
Restricted stock grant: 1,596 shares
Grant price: $0.00 per share
Shares after transactions: 17,276.999 shares
+3 more
6 metrics
Restricted stock grant
1,596 shares
Granted on May 21, 2026 to director Maureen Mitchell
Grant price
$0.00 per share
Stated price for restricted stock grant
Shares after transactions
17,276.999 shares
Direct common stock holdings following reported changes
Dividend reinvestment shares
146.281 shares
Accumulated since prior Form 4 via dividend reinvestments
Vesting period
1 year
Restricted stock vests one year after May 21, 2026 grant
Post-vesting holding period
2 years
Additional holding period after restricted stock vests
Key Terms
restricted stock, dividend reinvestments, holding period
3 terms
restricted stock financial
"Reflects a grant of restricted stock made to the reporting person on May 21, 2026 that will vest on the one-year anniversary of the date of grant."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
dividend reinvestments financial
"Reflects 146.281 shares received in dividend reinvestments since most recent Form 4 filed on May 22, 2025."
holding period financial
"The restricted stock also has a two-year holding period following the vesting period."
FAQ
What insider transaction did Webster Financial (WBS) report for Maureen Mitchell?
Webster Financial reported that director Maureen Mitchell received a grant of 1,596 shares of restricted common stock on May 21, 2026. The filing also updates her holdings to 17,276.999 shares after including recent dividend reinvestment activity.
What does the dividend reinvestment note mean in the Webster Financial (WBS) Form 4?
The Form 4 notes that 146.281 shares were added through dividend reinvestments since the prior filing. This means cash dividends on existing Webster Financial shares were automatically used to buy additional fractional shares, modestly increasing Mitchell’s direct ownership position.