{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-357758","form_type":"8-K","ticker":"WBS","cik":"0000801337","company_name":"WEBSTER FINANCIAL CORP","filed_at":"2026-08-20T10:33:53+00:00","discovered_at":"2026-08-20T10:35:00.249680+00:00","generated_at":"2026-08-20T10:35:07.410955+00:00","sec_items":["2.01","3.01","3.03","5.01","5.02","5.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Banco Santander completes Webster Financial acquisition on Aug 20, 2026","bullets":["Each Webster common share exchanged for 2.0548 Santander ADSs plus $48.75 cash; close date Aug 20, 2026.","Webster common and preferred stock delisted from NYSE; Form 25 to be filed, deregistration expected.","All Webster directors and officers departed; John R. Ciulla, Luis Massiani, Frederick J. Crawford, and Maureen B. Mitchell joined SHUSA and SBNA boards.","Webster Virginia merged into Santander Holdings USA; Webster Bank merged into Santander Bank, N.A.","Webster shareholders lose rights to shares, retain only right to receive deal consideration."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-357758","json":"https://secwatch.observer/filing/0001193125-26-357758.json","markdown":"https://secwatch.observer/filing/0001193125-26-357758.md","text":"https://secwatch.observer/filing/0001193125-26-357758.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/d919931d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-20T10:35:07.410955+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":"096aab5d73","claim":"Frederick J. Crawford was appointed as Director at WEBSTER FINANCIAL CORP.","evidence_excerpt":"As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"became"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"426bebe5b0","claim":"Luis Massiani was appointed as Director at WEBSTER FINANCIAL CORP.","evidence_excerpt":"As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"became"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"5bd1303a10","claim":"Maureen B. Mitchell was appointed as Director at WEBSTER FINANCIAL CORP.","evidence_excerpt":"As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"became"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"cddfcbb828","claim":"John R. Ciulla was appointed as Director at WEBSTER FINANCIAL CORP.","evidence_excerpt":"As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"became"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}