Webster Financial Corp Files 8-K on Shareholder Votes and Filings
Ticker: WBS-PG · Form: 8-K · Filed: Apr 26, 2024 · CIK: 801337
| Field | Detail |
|---|---|
| Company | Webster Financial Corp (WBS-PG) |
| Form Type | 8-K |
| Filed Date | Apr 26, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, shareholder-vote, financial-statements
Related Tickers: WBS
TL;DR
Webster Financial Corp filed an 8-K for shareholder votes and financial statements.
AI Summary
On April 24, 2024, Webster Financial Corporation filed an 8-K report detailing the submission of matters to a vote of security holders and the filing of financial statements and exhibits. The filing includes information related to their common stock and preferred stock series F and G.
Why It Matters
This filing indicates that Webster Financial Corporation is proceeding with matters requiring shareholder approval and is fulfilling its reporting obligations, which is standard for publicly traded companies.
Risk Assessment
Risk Level: low — This is a routine regulatory filing that does not disclose any new material events or risks.
Key Players & Entities
- WEBSTER FINANCIAL CORP (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- 200 Elm Street, Stamford, Connecticut 06902 (address) — Principal business address
- April 24, 2024 (date) — Date of earliest event reported
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the provided text.
What financial statements and exhibits are being filed?
The filing states that financial statements and exhibits are being filed, but the specific content of these documents is not detailed in the provided text.
What is the significance of the Series F and Series G Preferred Stock mentioned?
The mention of Series F and Series G Preferred Stock indicates these classes of stock are relevant to the company's reporting and potentially to the matters being voted on by security holders.
What is the principal business address of Webster Financial Corporation?
The principal business address of Webster Financial Corporation is 200 Elm Street, Stamford, Connecticut 06902.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on April 24, 2024.
Filing Stats: 716 words · 3 min read · ~2 pages · Grade level 12.6 · Accepted 2024-04-26 16:02:37
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share WBS New York Stock Exchange
Filing Documents
- wbs-20240424.htm (8-K) — 56KB
- 0000801337-24-000012.txt ( ) — 234KB
- wbs-20240424.xsd (EX-101.SCH) — 2KB
- wbs-20240424_def.xml (EX-101.DEF) — 17KB
- wbs-20240424_lab.xml (EX-101.LAB) — 30KB
- wbs-20240424_pre.xml (EX-101.PRE) — 18KB
- wbs-20240424_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On April 24, 2024, Webster Financial Corporation (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). A total of 156,744,066 shares were present or represented by proxy at the meeting, representing 91.4% of all shares entitled to vote at the Annual Meeting. At the Annual Meeting, the Company's stockholders voted on three proposals, each of which is described in the Proxy Statement. The following is a brief description of each matter voted upon and the results of such voting, including the number of votes cast for or against each matter and the number of abstentions and, if applicable, broker non-votes with respect to each matter. Proposal 1 — Election of Directors The Company's stockholders elected eleven individuals to the Board of Directors to serve one-year terms, as set forth below: NOMINEES FOR AGAINST ABSTAIN BROKER NON-VOTES John R. Ciulla 138,161,319 6,348,432 196,869 12,037,446 William L. Atwell 141,244,470 3,307,496 154,654 12,037,446 John P. Cahill 138,277,510 6,253,324 175,786 12,037,446 E. Carol Hayles 143,230,693 1,314,098 161,829 12,037,446 Mona Aboelnaga Kanaan 142,694,934 1,848,077 163,609 12,037,446 Maureen B. Mitchell 143,565,415 982,306 158,899 12,037,446 Laurence C. Morse 139,041,592 5,496,257 168,771 12,037,446 Richard O'Toole 137,834,295 6,695,147 177,178 12,037,446 Mark Pettie 140,781,611 3,738,732 186,277 12,037,446 Lauren C. States 144,045,293 505,126 156,201 12,037,446 William E. Whiston 143,549,478 984,673 172,469 12,037,446 Proposal 2 — Say-on-Pay The Company's stockholders approved, on a non-binding, advisory basis, the compensation of the Company's named executive officers as set forth below: FOR AGAINST ABSTAIN BROKER NON-VOTES 141,591,347 2,616,117 499,156 12,037,446 Proposal 3 — Auditor Ratification The Company's stockholders ratified the appointment by the Board of Directors of KPMG LLP as the independent regist
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WEBSTER FINANCIAL CORPORATION (Registrant) Date: April 26, 2024 /s/ Kristy Berner Kristy Berner Executive Vice President and General Counsel