Form 4: Webster Financial Corp Director Haas Receives Stock Grant
SEC Form 4 Filing
Director William David Haas of Webster Financial Corp received a grant of 2,048 shares of restricted stock on July 15, 2024.
Summary
- William David Haas, a director at Webster Financial Corp, received 2,048 shares of common stock on July 15, 2024.
- The shares were granted as restricted stock.
- The restricted stock will vest on the one-year anniversary of the grant date.
- There is also a two-year holding period following the vesting period.
Sentiment
Score: 7
Explanation: The document reflects a routine stock grant, which is generally neutral to slightly positive as it incentivizes management. There are no indications of negative news or concerns.
Industry Context
This is a routine disclosure of stock grants to company directors, a common practice in corporate governance to align the interests of management with those of shareholders.
Stakeholder Impact
- The stock grant aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of the stock grant to William David Haas |
| 07/15/2025 | Vesting date of the restricted stock (one-year anniversary of the grant) |
| 07/17/2024 | Date of the Form 4 filing |
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