Form 4: WSFS Financial Corp Executive Shari Kruzinski Reports Stock Transaction
SEC Form 4
EVP, Chief Customer Officer of WSFS Financial Corp, Shari Kruzinski, reports disposition of shares to cover taxes on vested restricted stock units.
Summary
- On March 15, 2024, Shari Kruzinski, EVP, Chief Customer Officer of WSFS Financial Corp, disposed of 48 shares of common stock to cover taxes due on vested restricted stock units.
- The transaction was executed at a price of $41.91 per share.
- Following the transaction, Kruzinski directly owns 12,177 shares of WSFS Financial Corp common stock and indirectly owns 2,120 shares through a 401k.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's prospects.
Industry Context
This is a routine Form 4 filing, reflecting a common practice of executives selling shares to cover tax obligations arising from the vesting of restricted stock units. It doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| May 6, 2022 | Date of Power of Attorney granting Charles K. Mosher authority to act on behalf of Shari Kruzinski. |
| March 15, 2024 | Date of the stock transaction (disposal of shares). |
| March 19, 2024 | Date of signature for the Form 4 filing. |
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