WSFS (NASDAQ: WSFS) COO has shares withheld to cover taxes

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

WSFS Financial Corp executive Arthur J. Bacci reported routine share withholdings to cover taxes on vested restricted stock units. On April 15, 2026, a total of 1,939 shares of common stock were disposed of as tax-withholding transactions at $69.07 per share, rather than open-market sales. Following these entries, Bacci directly holds 31,569 shares of WSFS common stock and indirectly holds 3,723 shares through a 401(k) plan.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider BACCI ARTHUR J

Role EVP, COO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	507	$69.07	$35K
Tax Withholding	Common Stock	448	$69.07	$31K
Tax Withholding	Common Stock	613	$69.07	$42K
Tax Withholding	Common Stock	371	$69.07	$26K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 33,001 shares (Direct); Common Stock — 3,723 shares (Indirect, 401k)

Footnotes (1)

Represents shares withheld to cover taxes due on vested restricted stock units. The reported balance was adjusted by one share due to a rounding correction.

Key Figures

Tax-withheld shares: 1,939 shares Reference share price: $69.07 per share Direct holdings after transactions: 31,569 shares +2 more

5 metrics

Tax-withheld shares 1,939 shares Total F-code dispositions for taxes on 2026-04-15

Reference share price $69.07 per share Price used for tax-withholding dispositions

Direct holdings after transactions 31,569 shares Common stock directly owned after 2026-04-15 entries

Indirect 401(k) holdings 3,723 shares Common stock held indirectly via 401(k) plan

Number of tax-withholding transactions 4 transactions F-code dispositions of common stock on 2026-04-15

Key Terms

restricted stock units, tax-withholding disposition, 401k

3 terms

restricted stock units financial

"Represents shares withheld to cover taxes due on vested restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

401k financial

"nature_of_ownership": "401k""

An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 10:48 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BACCI ARTHUR J

(Last)

(First)

(Middle)

C/O WSFS FINANCIAL CORPORATION

500 DELAWARE AVENUE

(Street)

WILMINGTON

DELAWARE

19801

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WSFS FINANCIAL CORP [ WSFS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/15/2026		F		507⁽¹⁾	D	$69.07	33,001⁽²⁾	D
Common Stock	04/15/2026		F		448⁽¹⁾	D	$69.07	32,553	D
Common Stock	04/15/2026		F		613⁽¹⁾	D	$69.07	31,940	D
Common Stock	04/15/2026		F		371⁽¹⁾	D	$69.07	31,569	D
Common Stock								3,723	I	401k

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares withheld to cover taxes due on vested restricted stock units.

2. The reported balance was adjusted by one share due to a rounding correction.

Remarks:

	/s/ Arthur J Bacci by Michael Griffe, as Attorney-in-Fact	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did WSFS (WSFS) EVP, COO Arthur J. Bacci report in this Form 4?

Arthur J. Bacci reported that WSFS common shares were withheld to pay taxes on vested restricted stock units. In total, 1,939 shares were disposed of on April 15, 2026, as tax-withholding transactions at $69.07 per share, rather than open-market sales.

How many WSFS shares were withheld for Arthur J. Bacci’s tax obligations?

A total of 1,939 WSFS common shares were withheld to cover tax liabilities on vested restricted stock units. These were recorded across four separate tax-withholding dispositions, each using a reference price of $69.07 per share on April 15, 2026.

Does this WSFS Form 4 show Arthur J. Bacci selling shares on the open market?

No, the Form 4 shows tax-withholding dispositions, not open-market sales. The transactions are coded “F,” meaning shares were delivered to satisfy tax obligations on vested restricted stock units, based on a price of $69.07 per share.

How many WSFS shares does Arthur J. Bacci hold after these transactions?

After the reported tax-withholding transactions, Arthur J. Bacci directly holds 31,569 shares of WSFS common stock. He also has an indirect position of 3,723 shares held through a 401(k) plan, as reflected in the holding entry.

What does the 401(k) entry mean in Arthur J. Bacci’s WSFS Form 4 filing?

The 401(k) entry reflects 3,723 WSFS common shares held indirectly for Arthur J. Bacci through a retirement plan. This line is a holding record, not a new transaction, and shows indirect ownership separate from his directly held 31,569 shares.

What do the footnotes in Arthur J. Bacci’s WSFS Form 4 explain?

The footnotes state that the reported shares were withheld to cover taxes on vested restricted stock units. They also note a one-share rounding correction in the reported balance, clarifying how the final post-transaction holdings were determined.