Form 4: WSFS Financial Corp Executive Christine Elizabeth Davis Reports Stock Disposals to Cover Taxes
SEC Form 4
Christine Elizabeth Davis, EVP and Chief Risk Officer of WSFS Financial Corp, reported the disposal of common stock to cover taxes due on vested restricted stock units.
Summary
- On April 15, 2025, Christine Elizabeth Davis, the EVP and Chief Risk Officer of WSFS Financial Corp, disposed of shares of common stock to cover taxes due on vested restricted stock units.
- The transactions involved the disposal of 40, 202, 266, 54, and 209 shares at a price of $47.26 per share.
- Following these transactions, Davis directly owns 9,678 shares of common stock and indirectly owns 2,295 shares through a 401k.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction related to tax obligations on vested stock. There is no indication of positive or negative implications for the company's performance.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in the financial industry.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to an individual executive's tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of stock disposal transactions |
| 04/17/2025 | Date of signature on the report |
Keywords
WSFS Financial Corp, Christine Elizabeth Davis, Form 4, Stock Disposal, Beneficial Ownership, EVP, Chief Risk Officer, Restricted Stock Units, Taxes, 401k
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