WSFS (NASDAQ: WSFS) CEO adopts 10b5-1 plan for up to 65,446 shares

Rhea-AI Filing Summary

WSFS Financial Corporation disclosed that its Chairman, President and CEO, Rodger Levenson, has adopted a pre-arranged stock trading plan under Rule 10b5-1. The plan allows for the potential exercise of vested stock options and related sale of up to 65,446 shares of common stock between June 10, 2026 and June 30, 2027.

Levenson currently beneficially owns approximately 247,000 shares of WSFS common stock. Even if the full amount under the plan is sold, he would continue to hold common stock well above the company’s stock ownership guideline of 100,000 vested shares.

Insights

Corporate governance analyst

Pre-arranged CEO trading plan appears routine and governance-aligned.

The CEO of WSFS Financial Corporation, Rodger Levenson, adopted a Rule 10b5-1 trading plan covering option exercises and potential sales of up to 65,446 shares over a defined window from June 10, 2026 to June 30, 2027. Such plans are designed to structure trades in advance.

The disclosure notes Levenson’s current beneficial ownership at approximately 247,000 shares of common stock and highlights that, even if all planned sales occur, he will remain above the company’s stock ownership guideline of 100,000 vested shares. This suggests continued meaningful equity alignment with shareholders.

The plan is described as being for personal financial and estate planning purposes and intended to satisfy Rule 10b5-1 affirmative defense conditions. Future company filings may provide updates on actual transactions executed under the plan, if and when they occur.

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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

March 11, 2026

Date of Report

(Date of Earliest Event Reported) 

WSFS Financial Corporation

(Exact Name of Registrant as Specified in its Charter)

 

Delaware

001-35638

22-2866913

(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 class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, par value $0.01 per share			WSFS			Nasdaq 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 8.01 Other Events

On March 11, 2026, Rodger Levenson, Chairman, President and Chief Executive Officer of WSFS Financial Corporation (the “Company”), adopted a pre-arranged stock trading plan (the “Plan”) intended to satisfy the affirmative defense conditions of Rule 10b5-1 under the Securities Exchange Act of 1934. The Plan provides for the potential exercise of vested stock options and the associated sale of up to 65,446 shares of common stock between June 10, 2026 and June 30, 2027. Mr. Levenson adopted the Plan for personal financial and estate planning purposes.

As of the date of this filing, Mr. Levenson beneficially owns approximately 247,000 shares of common stock. Assuming all planned sales are completed under the Plan, Mr. Levenson will retain beneficial ownership of common stock well above the Company’s applicable stock ownership guidelines of 100,000 shares of vested common stock.

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:

March 11, 2026

By:

/s/ David Burg

David Burg Executive Vice President, Chief Financial Officer

FAQ

What did WSFS (WSFS) announce regarding its CEO’s stock trading plans?

WSFS disclosed that CEO Rodger Levenson adopted a Rule 10b5-1 trading plan. The plan covers potential exercise of vested stock options and sales of up to 65,446 WSFS common shares between June 10, 2026 and June 30, 2027 for personal financial and estate planning purposes.

How many WSFS shares could be sold under Rodger Levenson’s 10b5-1 plan?

The plan permits potential sale of up to 65,446 shares of WSFS common stock. These sales would be associated with exercises of vested stock options and may occur during the period from June 10, 2026 through June 30, 2027, depending on execution under the plan.

How many WSFS shares does CEO Rodger Levenson currently beneficially own?

As of the filing date, Rodger Levenson beneficially owns approximately 247,000 shares of WSFS common stock. This figure provides context for the planned sales of up to 65,446 shares under his Rule 10b5-1 plan, indicating substantial ongoing ownership even after potential transactions.

Will WSFS CEO Rodger Levenson still meet ownership guidelines after planned sales?

Yes. The disclosure states that even if the full 65,446 shares are sold under the plan, Levenson will retain beneficial ownership of WSFS common stock well above the company’s stock ownership guideline of 100,000 shares of vested common stock, indicating ongoing alignment with shareholder interests.

What is the timeframe for stock transactions under the WSFS CEO’s 10b5-1 plan?

The plan allows potential exercise of vested options and sales of up to 65,446 WSFS shares between June 10, 2026 and June 30, 2027. This defined trading window is part of a pre-arranged structure intended to satisfy Rule 10b5-1 affirmative defense conditions under the Exchange Act.

Why did WSFS CEO Rodger Levenson adopt a Rule 10b5-1 trading plan?

The filing states that Levenson adopted the plan for personal financial and estate planning purposes. It is explicitly intended to satisfy the affirmative defense conditions of Rule 10b5-1, which provides a framework for pre-arranged trading by insiders under specified conditions.

Filing Exhibits & Attachments

3 documents

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