---
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"
generated_at: "2026-08-20T10:35:07.410955+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Banco Santander completes Webster Financial acquisition on Aug 20, 2026

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-357758
- JSON: https://secwatch.observer/filing/0001193125-26-357758.json
- Plain text: https://secwatch.observer/filing/0001193125-26-357758.txt

## Key facts
- Executive change
  Frederick J. Crawford was appointed as Director at WEBSTER FINANCIAL CORP.
  - Action: became
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm
- Executive change
  Luis Massiani was appointed as Director at WEBSTER FINANCIAL CORP.
  - Action: became
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm
- Executive change
  Maureen B. Mitchell was appointed as Director at WEBSTER FINANCIAL CORP.
  - Action: became
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm
- Executive change
  John R. Ciulla was appointed as Director at WEBSTER FINANCIAL CORP.
  - Action: became
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.