Form 4: WSFS Financial Corp Executive VP Exercises Stock Options, Acquires Shares
SEC Form 4
Executive Vice President Patrick Joseph Ward exercised stock options and acquired 1,472 shares of WSFS Financial Corp common stock at $17.54 per share on April 8, 2024.
Summary
- On April 8, 2024, Patrick Joseph Ward, Executive Vice President of WSFS Financial Corp, exercised employee stock options.
- This transaction resulted in the acquisition of 1,472 shares of common stock at a price of $17.54 per share.
- Following the transaction, Ward directly owns 150,601 shares of WSFS Financial Corp common stock.
- Ward also indirectly owns 1,021 shares through an IRA.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It's a routine filing and doesn't indicate positive or negative performance.
Industry Context
This filing is a routine disclosure related to executive compensation and insider trading, providing transparency to investors regarding the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/14/2014 | Date exercisable for employee stock options that expired on 04/17/2024 |
| 12/16/2014 | Date exercisable for stock options expiring on 12/16/2024 |
| 04/15/2019 | Date exercisable for stock options expiring on 02/22/2025 |
| 04/15/2020 | Date exercisable for stock options expiring on 02/28/2026 |
| 04/15/2021 | Date exercisable for stock options expiring on 02/27/2027 |
| 04/15/2022 | Date exercisable for stock options expiring on 03/03/2028 |
| 04/08/2024 | Date of transaction: Executive VP exercised stock options and acquired shares. |
| 04/10/2024 | Date of signature for the Form 4 filing. |
| 04/17/2024 | Expiration date for employee stock options. |
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