Form 4: WSFS Financial Corp Executive Vice President Patrick Joseph Ward Reports Stock Transaction
SEC Form 4
Executive Vice President Patrick Joseph Ward of WSFS Financial Corp reports disposition of shares to cover taxes on vested restricted stock units.
Summary
- On April 15, 2024, Patrick Joseph Ward, an Executive Vice President at WSFS Financial Corp, disposed of 914 shares of common stock to cover taxes due on vested restricted stock units.
- The transaction was executed at a price of $42.37 per share.
- Following the transaction, Ward directly owns 149,687 shares of WSFS Financial Corp common stock and indirectly owns 1,021 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and is a common practice among 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 where 914 shares were disposed of to cover taxes. |
| 04/17/2024 | Date of signature on the Form 4 report. |
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