Form 4: WSFS Financial Corp Executive Vice President Arthur J. Bacci Reports Stock Transaction
SEC Form 4
Executive Vice President Arthur J. Bacci of WSFS Financial Corp reports disposition of shares to cover taxes and beneficial ownership of common stock.
Summary
- Arthur J. Bacci, Executive Vice President of WSFS Financial Corp, filed a Form 4 on April 17, 2024.
- The report details a transaction on April 15, 2024, where 1,421 shares of common stock were disposed of to cover taxes due on vested restricted stock units at a price of $42.37.
- Following the transaction, Bacci directly owns 22,315 shares of common stock and indirectly owns 3,706 shares through a 401k.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock transaction (disposal of shares). |
| 04/17/2024 | Date of Form 4 filing. |
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