Form 4: WSFS Executive Sells Shares for Tax Obligations
Insider Transaction Report
WSFS Financial Corporation's EVP, CHRO, Lisa M. Brubaker, reported a disposition of 306 common shares to cover tax liabilities on vested restricted stock units.
Summary
- Lisa M. Brubaker, Executive Vice President and Chief Human Resources Officer of WSFS Financial Corporation, reported a transaction.
- On December 18, 2025, 306 shares of WSFS Common Stock were disposed of.
- The disposition was made at a price of $57.94 per share.
- This transaction represents shares withheld by the company to cover taxes due on vested restricted stock units.
- Following the transaction, Lisa M. Brubaker directly beneficially owns 42,591 shares of Common Stock.
- Additionally, 1,894 shares are indirectly owned in a 401k account.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction (tax withholding on vested restricted stock units) by an insider, which typically has a neutral sentiment impact.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, common across all publicly traded companies when restricted stock units vest. It does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact as this is a small, routine transaction for tax purposes and does not indicate a change in management's confidence or strategic direction.
- Employees: No direct impact on general employees.
Key Dates
| Date | Description |
|---|---|
| 2018-05-08 | Date Power of Attorney was granted by Lisa M. Brubaker to Charles K. Mosher. |
| 2025-12-18 | Transaction date for the disposition of common stock. |
| 2025-12-22 | Signature date of the reporting person (via attorney-in-fact) for the Form 4 filing. |
Keywords
WSFS Financial Corporation, WSFS, Insider Trading, Form 4, Stock Disposition, Tax Withholding, Restricted Stock Units, Executive Compensation
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