Form 4: WSFS Financial Corp Executive Vice President Jamie Patrick Hopkins Reports Stock Transactions
SEC Form 4
Executive Vice President Jamie Patrick Hopkins of WSFS Financial Corp reports the disposition of shares to cover taxes and open market sales.
Summary
- Jamie Patrick Hopkins, an Executive Vice President at WSFS Financial Corp, reported two transactions involving common stock.
- On October 2, 2024, 1,572 shares were disposed of to cover taxes at a price of $48.79.
- On November 6, 2024, 8,090 shares were sold on the open market at a weighted-average price of $57.75, with prices ranging from $56.97 to $58.59.
- Following these transactions, Hopkins directly owns 10,143 shares of WSFS Financial Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine occurrence. The late filing is a minor negative.
Industry Context
Executive stock transactions are a normal part of corporate governance and are publicly disclosed to ensure transparency. These transactions can be influenced by personal financial planning, diversification, or company performance.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions are unlikely to have a significant impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| August 19, 2024 | Date of Power of Attorney granted to Charles K. Mosher. |
| October 2, 2024 | Disposition of 1,572 shares to cover taxes. |
| November 6, 2024 | Sale of 8,090 shares on the open market. |
| November 8, 2024 | Date of Form 4 signature. |
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