Form 4: Webster Financial Corp Director Carol Hayles Receives Restricted Stock Grant

Director Carol Hayles of Webster Financial Corp. reports the acquisition of 2,217 shares of restricted stock.

Summary

• Carol Hayles, a director at Webster Financial Corp., filed a Form 4 disclosing a transaction involving the company's common stock.
• On May 21, 2025, Hayles acquired 2,217 shares of common stock as a restricted stock grant.
• The grant was awarded at a price of $0 per share.
• Following the transaction, Hayles directly owns 17,230 shares of Webster Financial Corp.
• The restricted stock will vest on the one-year anniversary of the grant date and has a two-year holding period following the vesting period.
• Hayles also granted a Power of Attorney to Bradley Larkin, Brendan Davin, Peter Sturzinger and Kristy Berner to handle SEC filings.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing detailing a stock transaction.

Positives

• The acquisition of restricted stock aligns the director's interests with those of the shareholders.

Future Outlook

The restricted stock grant suggests a continued relationship between the director and the company for at least the vesting and holding periods.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in company stock.

Key Dates

Keywords

Form 4, restricted stock, beneficial ownership, director, Webster Financial Corp, Hayles, WBS