What do the WSFS (WSFS) Form 4 footnotes say about performance-based restricted share units?

Footnotes state Levenson achieved a 76% performance level on performance-based restricted share units issued February 23, 2023 for the three-year period ended December 31, 2025. Each PSU represents one share of WSFS common stock upon vesting.

WSFS Financial (NASDAQ: WSFS) CEO reports equity awards and tax-withheld shares

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

WSFS Financial Corp President & CEO Rodger Levenson reported multiple equity award transactions in company common stock. On February 26, 2026, he acquired 31,245 shares and separately acquired 15,663 shares of common stock as grant or award acquisitions at $66.38 per share. A related transaction disposed of 14,744 shares at $66.38 per share as a tax-withholding disposition to cover taxes due on vested performance-based restricted share units, according to the footnotes. After these direct transactions, his reported direct holdings were 195,447 shares of common stock, and an additional 1,917 shares were held indirectly through a 401(k).

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider LEVENSON RODGER

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	31,245	$66.38	$2.07M
Tax Withholding	Common Stock	14,744	$66.38	$979K
Grant/Award	Common Stock	15,663	$66.38	$1.04M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 194,528 shares (Direct); Common Stock — 1,917 shares (Indirect, 401k)

Footnotes (1)

On February 26, 2026, the reporting person achieved a performance level of 76% on an award of performance-based restricted share units ("PSUs") issued on February 23, 2023. This performance level represents the final determination of the PSU during the three-year period ended December 31, 2025. Each PSU represents one share of WSFS Financial Corporation common stock. Represents shares withheld to cover taxes due on vested PSUs. 3 year vest (33% increments) with first vesting date of 4/15/2027 and final vesting date of 4/15/2029. Does not include PSUs, 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.

Form 4 Insider Transactions: What Each Field Means →

02/27/2026 - 03:48 PM

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^*

LEVENSON RODGER

(Last)

(First)

(Middle)

C/O WSFS FINANCIAL CORPORATION

500 DELAWARE AVENUE

(Street)

WILMINGTON

19801

(City)

(State)

(Zip)

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)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

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

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

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

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	02/26/2026		A		31,245⁽¹⁾	A	$66.38	194,528	D
Common Stock	02/26/2026		F		14,744⁽²⁾	D	$66.38	179,784	D
Common Stock	02/26/2026		A		15,663⁽³⁾	A	$66.38	195,447⁽⁴⁾	D
Common Stock								1,917	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. On February 26, 2026, the reporting person achieved a performance level of 76% on an award of performance-based restricted share units ("PSUs") issued on February 23, 2023. This performance level represents the final determination of the PSU during the three-year period ended December 31, 2025. Each PSU represents one share of WSFS Financial Corporation common stock.

2. Represents shares withheld to cover taxes due on vested PSUs.

3. 3 year vest (33% increments) with first vesting date of 4/15/2027 and final vesting date of 4/15/2029.

4. Does not include PSUs, 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.

Remarks:

	/s/ Rodger Levenson by Michael Griffe as Attorney-in-Fact	02/27/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did WSFS (WSFS) CEO Rodger Levenson report?

Rodger Levenson reported equity award activity in WSFS common stock on February 26, 2026. He received two grant or award acquisitions and had shares withheld to cover taxes on vested performance-based restricted share units.

How many WSFS (WSFS) shares did the CEO acquire in the latest Form 4?

The CEO acquired 31,245 WSFS common shares and an additional 15,663 shares as grant or award acquisitions at $66.38 per share, reflecting performance-based and time-based equity awards rather than open-market purchases.

How many WSFS (WSFS) shares were disposed of for taxes in this Form 4?

Levenson reported a disposition of 14,744 WSFS common shares at $66.38 per share. Footnotes state these shares were withheld to cover taxes due on vested performance-based restricted share units, not sold in an open-market transaction.

What is the CEO’s WSFS (WSFS) stock ownership after these transactions?

After the reported transactions, Levenson directly owned 195,447 WSFS common shares. He also indirectly held 1,917 additional shares through a 401(k) plan, reflecting both equity awards and retirement-plan holdings in the company.

What is the vesting schedule for the new WSFS (WSFS) equity grant?

A footnote explains the relevant award vests over three years in 33% increments. The first vesting date is April 15, 2027 and the final vesting date is April 15, 2029, reflecting a multi-year retention structure.