WSFS EVP Wechsler granted 2,765 stock shares
Wechsler James J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Wechsler James J reported acquisition or exercise transactions in this Form 4 filing.
WSFS Financial Corp executive James J. Wechsler received an award of 2,765 shares of common stock on the reported date, valued at $66.38 per share. This is an equity grant, not an open-market purchase.
The award vests over three years in 33% increments, with vesting dates on April 15, 2027, April 15, 2028, and April 15, 2029. After this grant, Wechsler directly holds 8,542 common shares, and an additional 679 shares are held indirectly through a 401(k) account. The totals do not include any performance-based restricted stock units that have not yet been assessed for goal achievement, which will be reported separately when evaluated.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,765 | $66.38 | $184K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 3 year vest (33% increments) with first vesting date of 4/15/2027 and final vesting date of 4/15/2029.
- F2. Does not include performance-based RSUs, if any, held by the Reporting Person for which an assessment has not yet been made regarding the achievement of the applicable performance goals. Any such holding will be reported on a Form 4 within two business days of that date such assessment is made.
FAQ
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What did WSFS (WSFS) executive James J. Wechsler report on this Form 4?
Was this WSFS (WSFS) Form 4 transaction a stock purchase or a grant?
Are performance-based RSUs for WSFS (WSFS) included in James J. Wechsler’s reported holdings?
What indirect WSFS (WSFS) ownership did James J. Wechsler disclose on this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.