STOCK TITAN

WSFS (NASDAQ: WSFS) EVP stock withheld to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WSFS Financial Corp executive Allan Michael Junior Matyger, EVP and CIO, reported routine share dispositions tied to tax withholding rather than market sales. On April 15, 2026, a total of 474 shares of common stock were withheld at $69.07 per share to cover taxes due on vested restricted stock units, according to the footnotes. After these non-market transactions, he holds 4,645 shares directly and 973 shares indirectly through a 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Matyger Allan Michael Junior
Role EVP and CIO
Type Security Shares Price Value
Tax Withholding Common Stock 123 $69.07 $8K
Tax Withholding Common Stock 151 $69.07 $10K
Tax Withholding Common Stock 119 $69.07 $8K
Tax Withholding Common Stock 81 $69.07 $6K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 4,996 shares (Direct); Common Stock — 973 shares (Indirect, 401k)
Footnotes (1)
  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.
Tax-withheld shares 474 shares Shares withheld to cover taxes on vested RSUs
Withholding price $69.07 per share Price used for tax-withholding dispositions on April 15, 2026
Direct holdings after transactions 4,645 shares Common stock directly owned following tax-withholding entries
Indirect 401k holdings 973 shares Common stock held indirectly via 401(k) plan
Tax-withholding transactions 4 entries F-code dispositions for tax liability payment
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 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
Matyger Allan Michael Junior

(Last)(First)(Middle)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and CIO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/15/2026F123(1)D$69.074,996(2)D
Common Stock04/15/2026F151(1)D$69.074,845D
Common Stock04/15/2026F119(1)D$69.074,726D
Common Stock04/15/2026F81(1)D$69.074,645D
Common Stock973I401k
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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/ Allan M Matyger, Jr by Michael Griffe, Attorney-in-Fact04/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did WSFS EVP Allan Michael Junior Matyger report on this Form 4?

Allan Michael Junior Matyger reported share dispositions related to tax withholding, not open-market sales. A total of 474 WSFS common shares were withheld to cover taxes on vested restricted stock units at a price of $69.07 per share.

How many WSFS shares were withheld for taxes in the latest Form 4 filing for WSFS?

The filing shows 474 WSFS common shares were withheld to satisfy tax obligations. These were four separate tax-withholding dispositions, all dated April 15, 2026, at a price of $69.07 per share, tied to vested restricted stock units.

Does the WSFS Form 4 show the EVP selling shares on the open market?

The Form 4 does not show open-market sales. Instead, it reports F-code transactions, which are shares withheld by the company to pay taxes on vested restricted stock units, a standard non-market mechanism for covering tax liabilities.

How many WSFS shares does the EVP hold after these tax-withholding transactions?

After the tax-withholding dispositions, the EVP directly owns 4,645 WSFS common shares. The filing also shows an additional 973 WSFS shares held indirectly through a 401(k) plan, providing context for his overall equity exposure.

What does the 401k holding entry mean in the WSFS Form 4 filing?

The 401(k) entry reflects indirect ownership of WSFS shares through a retirement plan. The filing lists 973 shares held indirectly via a 401(k), separate from the executive’s directly owned shares, and does not indicate a new buy or sell transaction.