Berner Kristy 4

What Happened

• Kristy Berner, Executive Vice President, General Counsel & Corporate Secretary of Webster Financial Corporation (WBS), was granted 8,194 restricted shares on 2026-03-11. The grant is reported as an award/acquisition at $0.00 (no cash paid). This is a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (timely filing).
• Transaction type/code: A — Grant/Award (restricted shares) reported at $0.00.
• Shares granted: 8,194 restricted common shares.
• Vesting: Footnote states the award vests in three equal installments over the next three years.
• Shares owned after transaction: not disclosed in the information provided.
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the provided data.

Context

• Restricted share awards are a form of compensation that typically vest over time and do not represent an immediate open-market purchase or vote of confidence. They become ownership only as they vest; until then, they may be forfeitable under certain conditions. This grant is part of compensation, not a direct market purchase or sale.