{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-126986","form_type":"8-K","ticker":"WBS","cik":"0000801337","company_name":"WEBSTER FINANCIAL CORP","filed_at":"2023-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.301377+00:00","generated_at":"2026-06-16T07:09:02.751037+00:00","sec_items":["5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Webster Financial annual meeting: directors elected, say-on-pay approved, officer liability limit, stock plan increase","bullets":["All 15 director nominees elected; John P. Cahill received 11.1M against, highest opposition.","Say-on-pay approved with 137.3M for (92.2%); advisory vote frequency set to annual.","Amendment to 2021 Stock Incentive Plan approved (139.8M for, 5.8M against) to increase authorized shares.","Amendment to certificate of incorporation limiting officer liability approved (128.3M for, 17.3M against) and filed.","KPMG LLP ratified as auditor for FY2023 with 155.0M for, 1.8M against."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-126986","json":"https://secwatch.observer/filing/0001193125-23-126986.json","markdown":"https://secwatch.observer/filing/0001193125-23-126986.md","text":"https://secwatch.observer/filing/0001193125-23-126986.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/801337/000119312523126986/0001193125-23-126986-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/801337/000119312523126986/d504267d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T07:09:02.751037+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"42c442700b5b6072215b6e1526595c9a7e76e3c9","claim":"WEBSTER FINANCIAL CORP: Filed an amendment to the Fourth Amended and Restated Certificate of Incorporation to limit the liability of certain officers as permitted by recent DGCL amendments (effective 2023-04-28).","evidence_excerpt":"On April 28, 2023, Webster Financial Corporation (the “ Company ”) filed an amendment to the Company’s Fourth Amended and Restated Certificate of Incorporation (the “ Amendment ”) with the Secretary of State of the State of Delaware, which became effective upon filing.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312523126986/0001193125-23-126986-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-04-28"}],"fact_type":"governance_change"},{"claim_id":"037460cbe8834074a9f9b9b3f1b04cddd0b44709","claim":"WEBSTER FINANCIAL CORP shareholders approved Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2023 at the 2023-04-26 meeting.","evidence_excerpt":"Proposal 6 — Auditor Ratification The Company’s stockholders ratified the appointment by the Board of Directors of KPMG LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023, as set forth below: FOR AGAINST ABSTAIN 154,997,047 1,847,534 158,749","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312523126986/0001193125-23-126986-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-26"}],"fact_type":"shareholder_vote"},{"claim_id":"6392bfab4f2169087c18b60951a873799d00da12","claim":"WEBSTER FINANCIAL CORP shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-04-26 meeting.","evidence_excerpt":"Proposal 3 — Frequency of Say-on-Pay The Company’s stockholders recommended, on a non-binding, advisory basis, that future advisory votes on the compensation of the named executive officers of the Company be held annually. The voting results are set forth below: ONE YEAR TWO YEARS THREE YEARS ABSTAIN BROKER NON-VOTES 140,362,967 201,241 4,812,660 455,127 11,171,335","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312523126986/0001193125-23-126986-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-26"}],"fact_type":"shareholder_vote"},{"claim_id":"8277063d3f3d55f24689b2ce60a22bc90fa83100","claim":"WEBSTER FINANCIAL CORP shareholders approved Amendment to Webster Financial Corporation 2021 Stock Incentive Plan to increase authorized shares at the 2023-04-26 meeting.","evidence_excerpt":"Proposal 4 — Amendment to the Webster Financial Corporation 2021 Stock Incentive Plan The Company’s stockholders approved an amendment to the Webster Financial Corporation 2021 Stock Incentive Plan to, among other things, increase the total number of shares authorized for issuance under such plan, as set forth below: FOR AGAINST ABSTAIN BROKER NON-VOTES 139,784,094 5,753,499 294,402 11,171,335","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312523126986/0001193125-23-126986-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-26"}],"fact_type":"shareholder_vote"},{"claim_id":"95f9ff6f6965b98a05f83b4698be1100b7f63d9a","claim":"WEBSTER FINANCIAL CORP shareholders approved Election of fifteen directors to serve one-year terms at the 2023-04-26 meeting.","evidence_excerpt":"Proposal 1 — Election of Directors The Company’s stockholders elected fifteen 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 144,543,496 1,169,446 119,053 11,171,335 Jack L. Kopnisky 140,776,946 4,913,875 141,174 11,171,335 William L. Atwell 139,425,407 6,277,174 129,414 11,171,335 John P. Cahill 134,589,665 11,110,302 132,028 11,171,335 E. Carol Hayles 143,985,898 1,719,819 126,278 11,171,335 Linda H. Ianieri 143,652,507 2,053,594 125,894 11,171,335 Mona Aboelnaga Kanaan 144,566,000 1,140,846 125,149 11,171,335 James J. Landy 144,595,696 1,100,917 135,382 11,171,335 Maureen B. Mitchell 144,591,229 1,112,103 128,663 11,171,335 Laurence C. Morse 135,545,005 10,156,250 130,740 11,171,335 Karen R. Osar 137,965,439 7,740,189 126,367 11,171,335 Richard O’Toole 137,273,007 8,417,118 141,870 11,171,335 Mark Pettie 144,655,532 1,044,911 131,552 11,171,335 Lauren C. States 144,819,423 876,025 136,54","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312523126986/0001193125-23-126986-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-26"}],"fact_type":"shareholder_vote"},{"claim_id":"9baa5f11c3a04b9e2fecb969b58212141f28ed65","claim":"WEBSTER FINANCIAL CORP shareholders approved Non-binding advisory vote to approve executive compensation at the 2023-04-26 meeting.","evidence_excerpt":"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 137,324,963 8,200,914 306,118 11,171,335","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312523126986/0001193125-23-126986-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-26"}],"fact_type":"shareholder_vote"},{"claim_id":"f6723a09aeb1ff6e1a796553d46314ba13b0e33f","claim":"WEBSTER FINANCIAL CORP shareholders approved Amendment to Fourth Amended and Restated Certificate of Incorporation to limit liability of certain officers at the 2023-04-26 meeting.","evidence_excerpt":"Proposal 5 — Amendment to the Company’s Fourth Amended and Restated Certificate of Incorporation The Company’s stockholders approved an amendment to the Company’s Fourth Amended and Restated Certificate of Incorporation to limit the liability of certain officers of the Company, as set forth below: FOR AGAINST ABSTAIN BROKER NON-VOTES 128,295,134 17,280,514 256,347 11,171,335","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312523126986/0001193125-23-126986-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-26"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}