Insider Purchase: WSFS Director Adds 1,123 Shares
Rhea-AI Filing Summary
Director Lynn McKee reported a purchase of 1,123 shares of WSFS Financial Corp common stock on 08/08/2025 at a price of $53.47 per share, increasing direct beneficial ownership to 16,544 shares. The Form 4 shows the transaction recorded as an "A" (acquisition) in the non-derivative securities table and lists no derivative activity.
Positive
- Director Lynn McKee acquired 1,123 shares at $53.47, increasing direct ownership to 16,544 shares
- Disclosure reports only a non-derivative acquisition with no derivative activity
Negative
- None.
Insights
TL;DR: Director purchase of 1,123 WSFS shares increases direct holdings to 16,544; disclosure appears routine and non-derivative.
The filing shows a straightforward non-derivative acquisition: 1,123 common shares at $53.47, raising direct beneficial ownership to 16,544 shares. No derivative securities are reported and the Form was filed by a single reporting person. From a trading-disclosure perspective, this is a routine insider purchase that updates ownership records without additional complex terms or derivatives disclosed.
TL;DR: A director-level open-market buy increases personal stake; the Form 4 disclosure is complete for non-derivative activity.
The report identifies Lynn McKee as a director and records an acquisition of 1,123 shares at $53.47, bringing direct holdings to 16,544. The form indicates it was filed by one reporting person and includes a signature executed by an attorney-in-fact. The disclosure is limited to common stock and contains no indication of option exercises, grants, or derivative transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,123 | $53.47 | $60K |