Form 4: WSFS EVP Hopkins Disposes Shares for Tax
Insider Transaction Report
WSFS Financial Corporation's Executive Vice President, Jamie Patrick Hopkins, disposed of 1,768 common shares to cover tax obligations on vested restricted stock units.
Summary
- Jamie Patrick Hopkins, Executive Vice President of WSFS Financial Corporation, reported a disposition of common stock.
- On October 2, 2025, 1,768 shares of common stock were disposed of at a price of $53.66 per share.
- This transaction represents shares withheld to cover taxes due on vested restricted stock units.
- Following this transaction, Mr. Hopkins directly beneficially owns 13,069 shares of common stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition for tax purposes upon RSU vesting, which is a neutral event for the company's operational performance or strategic direction. It reflects an expected part of executive compensation.
Positives
- The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged and systematic approach to equity management.
Negatives
- A disposition of 1,768 shares occurred, reducing the direct beneficial ownership of the Executive Vice President.
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, common across all industries for publicly traded companies when restricted stock units vest.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Jamie Patrick Hopkins granted Charles K. Mosher a Power of Attorney to execute and file SEC documents, including Forms 3, 4, and 5, on his behalf. | 2024-08-19 | Streamlines the process for timely and compliant SEC filings for the reporting person. |
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine, tax-related disposition of a relatively small number of shares by an executive.
- No direct impact on employees, customers, suppliers, or creditors from this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 2024-08-19 | Jamie Patrick Hopkins granted Power of Attorney to Charles K. Mosher for SEC filings. |
| 2025-10-02 | Transaction date for the disposition of common stock. |
| 2025-10-03 | Date the Form 4 was signed by Attorney-in-Fact. |
Keywords
WSFS Financial, WSFS, Jamie Patrick Hopkins, Form 4, Insider Trading, Stock Disposition, Restricted Stock Units, Tax Withholding, Executive Compensation
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