NAFDE VIKRAM A. 4

What Happened Vikram A. Nafde, Chief Information Officer of Webster Financial Corp (WBS), was granted 7,804 restricted shares on 2026-03-11. The grant was recorded at $0.00 per share (total reported value $0) and is reported on a Form 4 as an award/grant (transaction code A). This was a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Filed with SEC: 2026-03-13 (timely filing within the typical 2-business-day window).
• Transaction type/code: Award/Grant (A). Price reported: $0.00 per share.
• Shares granted: 7,804 restricted shares. Reported total cash value: $0.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote F1: These are time-based restricted shares that will vest in three equal installments over the next three years.

Context Restricted-share grants are a routine form of executive compensation and generally vest over time; they do not represent an immediate purchase or sale of stock. Because these shares vest in installments, they provide future equity alignment with the company rather than an immediate market signal.