Form 4: WSFS Financial Corp Executive Reports Stock Transaction
SEC Form 4
Christine Elizabeth Davis, EVP and Chief Risk Officer of WSFS Financial Corp, reports disposition of shares to cover taxes on vested restricted stock units.
Summary
- On April 15, 2024, Christine Elizabeth Davis, the EVP and Chief Risk Officer of WSFS Financial Corp, reported a transaction involving the company's stock.
- Davis disposed of 544 shares of common stock at a price of $42.37 per share to cover taxes due on vested restricted stock units.
- Following the transaction, Davis directly owns 8,286 shares of WSFS Financial Corp common stock and indirectly owns 1,728 shares through a 401k.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine stock transaction for tax purposes.
Industry Context
This is a routine disclosure of a stock transaction by a company executive, which is common in publicly traded companies.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 2022-05-06 | Date of Power of Attorney grant to Charles K. Mosher. |
| 2024-04-15 | Date of stock transaction (disposal of shares). |
| 2024-04-17 | Date of signature on the Form 4 filing. |
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