Form 4: WSFS Financial Corp Executive Stephen Clark Reports Stock Transaction
SEC Form 4
EVP Stephen Clark of WSFS Financial Corp reports disposition of shares to cover taxes on vested restricted stock units.
Summary
- On April 15, 2024, Stephen P. Clark, an Executive Vice President at WSFS Financial Corporation, reported a transaction involving the company's common stock.
- Clark disposed of 1,767 shares at a price of $42.37 per share to cover taxes due on vested restricted stock units.
- Following the transaction, Clark directly owns 28,671 shares of WSFS Financial Corp common stock and indirectly owns 2,406 shares through a 401k.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock transaction |
| 04/17/2024 | Date of report signature |
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