Form 4: WSFS Financial Corp CEO Rodger Levenson Reports Stock Disposals for Tax Obligations
SEC Form 4
Rodger Levenson, President & CEO of WSFS Financial Corp, reports disposals of common stock to cover tax obligations related to vested restricted stock units.
Summary
- On April 15, 2025, Rodger Levenson, the President & CEO of WSFS Financial Corp, disposed of shares of common stock to cover taxes due on vested restricted stock units.
- The disposals were executed at a price of $47.26 per share.
- A total of 8,144 shares were disposed of across four transactions.
- Following these transactions, Levenson directly owns 163,283 shares of WSFS Financial Corp common stock and indirectly owns 1,849 shares through a 401k.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to routine tax-related stock disposals.
Industry Context
This is a routine Form 4 filing related to insider transactions. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on shareholders as it is related to tax obligations and represents a small percentage of Levenson's total holdings.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of stock disposal transactions. |
| 04/17/2025 | Date of signature on the Form 4 filing. |
Keywords
WSFS Financial Corp, Rodger Levenson, Form 4, Stock Disposal, Tax Obligations, Insider Trading, Common Stock, Restricted Stock Units
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