KRYNICK BENJAMIN L. 4

What Happened

• Benjamin L. Krynick, Head of Bank Operations at Webster Financial Corp (WBS), was granted 4,824 restricted shares on 2026-03-11. The Form 4 reports an acquisition price of $0 (award/grant).
• This was an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Filing date: 2026-03-13 (filed timely).
• Shares granted: 4,824 restricted shares; reported acquisition price: $0.
• Vesting: These are time-based restricted shares that vest in three equal installments over the next three years (footnote F1).
• Shares owned after transaction: not reported in the provided filing details.
• No 10b5-1 plan, tax-withholding sale, or option exercise noted in the provided information.

Context

• This is a compensation-related award (restricted stock). Such grants are common for employee retention and compensation and do not by themselves indicate the insider is buying or selling shares for investment reasons. The vesting schedule means the shares will only convert to unrestricted stock over the next three years if Krynick remains employed and any vesting conditions are met.