secwatch.observer — SEC 8-K summary
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Issuer:     WEBSTER FINANCIAL CORP (WBS)
CIK:        0000801337
Form:       8-K
Filed at:   2026-08-20T10:33:53+00:00
Accession:  0001193125-26-357758
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banco Santander completes Webster Financial acquisition on Aug 20, 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/0001193125-26-357758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/801337/000119312526357758/d919931d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-357758

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