WSFS (NASDAQ: WSFS) EVP reports routine tax-withholding share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WSFS Financial Corp executive Shari Kruzinski reported routine share dispositions tied to tax withholding, not open-market sales. On April 15, 2026, 1,605 shares of WSFS common stock were withheld at $69.07 per share to cover taxes on vested restricted stock units, according to the footnote.
After these tax-withholding dispositions, she directly holds 18,707 WSFS shares and indirectly holds 2,135 shares through a 401k plan. These entries reflect compensation-related tax settlements rather than discretionary buying or selling activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Kruzinski Shari
Role
EVP, Chief Consumer Bk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 341 | $69.07 | $24K |
| Tax Withholding | Common Stock | 418 | $69.07 | $29K |
| Tax Withholding | Common Stock | 347 | $69.07 | $24K |
| Tax Withholding | Common Stock | 499 | $69.07 | $34K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,971 shares (Direct);
Common Stock — 2,135 shares (Indirect, 401k)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,605 shares
Tax withholding price: $69.07 per share
Direct holdings after transactions: 18,707 shares
+2 more
5 metrics
Shares withheld for taxes
1,605 shares
Tax-withholding on vested restricted stock units
Tax withholding price
$69.07 per share
Valuation used for tax-withholding dispositions
Direct holdings after transactions
18,707 shares
Direct WSFS common stock held by Kruzinski
Indirect 401k holdings
2,135 shares
WSFS common stock held through a 401k plan
Tax-withholding transactions
4 dispositions
Form 4 entries coded as F for tax withholding
Key Terms
restricted stock units, tax-withholding disposition, 401k, Common Stock
4 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.
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.