{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-229155","form_type":"8-K","ticker":"WBS","cik":"0000801337","company_name":"WEBSTER FINANCIAL CORP","filed_at":"2026-05-18T21:23:16+00:00","discovered_at":"2026-05-18T21:24:00.327125+00:00","generated_at":"2026-05-18T21:25:52.456946+00:00","sec_items":["8.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Webster discloses supplemental J.P. Morgan valuation data in response to Santander acquisition lawsuits","bullets":["Three stockholder complaints and demand letters allege proxy statement lacks full disclosure on Webster's Santander deal.","Webster voluntarily adds J.P. Morgan's peer multiples (P/E 9.4x-11.7x) and DCF range ($65.15-$80.75) to proxy.","J.P. Morgan's implied value range versus implied consideration of $75.00 per share and Webster's $65.77 close on Jan 30.","Special stockholder meeting to vote on acquisition scheduled for May 26, 2026.","Webster denies allegations without admitting liability; litigation risk remains."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-229155","json":"https://secwatch.observer/filing/0001193125-26-229155.json","markdown":"https://secwatch.observer/filing/0001193125-26-229155.md","text":"https://secwatch.observer/filing/0001193125-26-229155.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/801337/000119312526229155/0001193125-26-229155-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/801337/000119312526229155/d15200d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T21:25:52.456946+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}