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[8-K] WSFS FINANCIAL CORP Reports Material Event

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(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

WSFS Financial Corporation appointed Michelle Hong to its Board of Directors, effective December 1, 2025. With her addition, the Board will have 12 members, 11 of whom are independent, including Ms. Hong.

As a non-employee director, Ms. Hong will receive cash and equity compensation as described in the Company’s 2025 Proxy Statement, prorated from her appointment date. She will stand for reelection at the 2026 Annual Meeting of Stockholders. The Company reported no arrangements leading to her selection and no related-party transactions requiring disclosure under Item 404(a). A press release announcing the appointment was furnished as Exhibit 99.1.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Understanding 8-K Material Events →
false000082894400008289442025-10-232025-10-23

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
  FORM 8-K
  
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

October 23, 2025
Date of Report
(Date of Earliest Event Reported) 
WSFS Financial Corporation
(Exact Name of Registrant as Specified in its Charter)
 
Delaware001-3563822-2866913
(State or Other Jurisdiction
of Incorporation)		(SEC Commission
File Number)		(IRS Employer
Identification Number)
500 Delaware Ave,
Wilmington, Delaware, 19801
(Address of Principal Executive Offices) (Zip Code)
Registrant’s Telephone Number, including Area Code: (302) 792-6000
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareWSFSNasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 40.12b-2).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 23, 2025, Michelle Hong was appointed to the Board of Directors (the “Board”) of WSFS Financial Corporation (“WSFS” or the “Company”), effective December 1, 2025. Committee assignments for Ms. Hong will be determined at a later date.

With this appointment, the WSFS Board will have 12 members, 11 of whom are independent, including Ms. Hong. Ms. Hong will be entitled to receive cash and equity compensation as a non-employee member of the Board, as described in the section entitled “Compensation of our Board of Directors” in the Company’s 2025 Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on April 1, 2025, the amount of which will be prorated from the date of her appointment. Ms. Hong will stand for reelection at the 2026 Annual Meeting of Stockholders.

There are no arrangements or understandings between Ms. Hong and any other person pursuant to which Ms. Hong was selected as a director, and there are no transactions to which the Company is a party and in which Ms. Hong has a material interest subject to disclosure under Item 404(a) of Regulation S-K.


Item 7.01 Regulation FD Disclosure

On October 29, 2025, the Company issued a press release announcing the appointment of Ms. Hong to the WSFS Board. A copy of the Company’s press release is attached hereto as Exhibit 99.1. This information (including Exhibit 99.1) is being furnished under Item 7.01 hereof and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and such information shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
99.1 Press release, dated October 29, 2025
104 Cover Page Interactive Data File (Embedded within the Inline XBRL document)




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
WSFS FINANCIAL CORPORATION
Date:October 29, 2025By: /s/ David Burg
  David Burg
Executive Vice President, Chief Financial Officer


Source: View Original Filing on SEC EDGAR

FAQ

What did WSFS (WSFS) announce in this 8-K?

WSFS appointed Michelle Hong to its Board of Directors, effective December 1, 2025.

How does the board composition change for WSFS (WSFS)?

The Board will have 12 members, with 11 independent directors including Ms. Hong.

What compensation will Michelle Hong receive as a WSFS director?

She will receive cash and equity compensation per the 2025 Proxy Statement, prorated from her appointment date.

When will Michelle Hong stand for reelection at WSFS (WSFS)?

She will stand for reelection at the 2026 Annual Meeting of Stockholders.

Did WSFS issue a press release about the appointment?

Yes. A press release dated October 29, 2025 was furnished as Exhibit 99.1.