Evans Javier L. 4

What Happened

• Javier L. Evans, Chief Human Resources Officer of Webster Financial Corp. (WBS), was granted 8,428 time‑based restricted shares on 2026-03-11. The shares were awarded at $0.00 (no cash paid) and reported on a Form 4 filed 2026-03-13. This is an award/compensation grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Filing date: 2026-03-13 (timely filing).
• Award: 8,428 restricted shares; acquisition price reported as $0.00.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: The grant represents time‑based restricted shares that will vest in three equal installments over the next three years (see footnote F1).
• Transaction type code: A (award/grant).

Context

• Time‑based restricted share grants are a form of executive compensation and typically vest over time; they do not necessarily indicate immediate buying or selling intent. The award becomes valuable to the insider as vesting conditions are met.