[Form 4] WSFS Financial Corp Insider Trading Activity
David Burg, an Executive Vice President and director at WSFS Financial Corp (WSFS), reported a transaction involving company common stock. On 08/15/2025 he disposed of 5,604 shares at a price of $55.13 per share; the filing states these shares were withheld to cover taxes on vested restricted stock units. After the transaction he beneficially owned 25,129 shares. The Form 4 was submitted via an attorney-in-fact and includes an explanation that the disposition represents tax withholding on vested RSUs.
David Burg, vicepresidente esecutivo e membro del consiglio di WSFS Financial Corp (WSFS), ha segnalato una operazione su azioni ordinarie della società. In data 15/08/2025 ha ceduto 5.604 azioni al prezzo di $55.13 per azione; la comunicazione indica che le azioni sono state trattenute per coprire le imposte sulle Restricted Stock Units maturate. Dopo la transazione deteneva beneficiariamente 25.129 azioni. Il Modulo 4 è stato presentato tramite procuratore e specifica che la cessione corrisponde al ritenuto fiscale sulle RSU maturate.
David Burg, vicepresidente ejecutivo y director de WSFS Financial Corp (WSFS), informó una transacción sobre acciones ordinarias de la compañía. El 15/08/2025 dispuso de 5.604 acciones a un precio de $55.13 por acción; la declaración indica que dichas acciones se retuvieron para cubrir impuestos sobre unidades restringidas de acciones (RSU) devengadas. Tras la operación poseía beneficiariamente 25.129 acciones. El Formulario 4 fue presentado a través de un apoderado y explica que la disposición representa la retención fiscal sobre las RSU consolidadas.
데이비드 버그(David Burg)는 WSFS Financial Corp(WSFS)의 수석 부사장이자 이사로서 회사 보통주 거래를 보고했습니다. 2025년 8월 15일에 5,604주를 주당 $55.13에 처분했으며, 제출서류에는 이 주식들이 행사된 제한주식단위(RSU)의 세금을 충당하기 위해 원천징수되었다고 기재되어 있습니다. 거래 후 그는 25,129주의 실질적 보유자가 되었습니다. Form 4는 법정 대리인을 통해 제출되었고, 처분이 행사된 RSU에 대한 세금 원천징수임을 설명하고 있습니다.
David Burg, vice-président exécutif et administrateur de WSFS Financial Corp (WSFS), a déclaré une opération portant sur des actions ordinaires de la société. Le 15/08/2025, il a cédé 5 604 actions au prix de 55,13 $ par action ; le dossier indique que ces actions ont été retenues pour couvrir les impôts liés à des Restricted Stock Units arrivées à échéance. Après la transaction, il détenait à titre bénéficiaire 25 129 actions. Le formulaire 4 a été déposé par un mandataire et précise que la cession représente la retenue fiscale sur des RSU acquises.
David Burg, Executive Vice President und Director von WSFS Financial Corp (WSFS), meldete eine Transaktion mit Stammaktien des Unternehmens. Am 15.08.2025 veräußerte er 5.604 Aktien zum Preis von $55.13 je Aktie; die Einreichung besagt, dass diese Aktien einbehalten wurden, um Steuern auf ausgeübte Restricted Stock Units zu begleichen. Nach der Transaktion besaß er wirtschaftlich 25.129 Aktien. Das Formular 4 wurde durch einen Bevollmächtigten eingereicht und erklärt, dass die Veräußerung der Steuerverrechnung auf ausgefallene RSUs entspricht.
- None.
- The reporting person disposed of 5,604 shares, reducing beneficial ownership to 25,129 shares which is a net decrease in insider holdings.
- The disposition occurred at a price of $55.13 per share, representing actual share outflow from the reporting person's beneficial holdings.
Insights
TL;DR: Insider disposed of 5,604 shares via tax withholding on vested RSUs; resulting ownership is 25,129 shares.
The reported disposition is described as withholding to cover taxes on vested restricted stock units rather than an open-market cash sale, which is an important distinction when assessing insider intent. The transaction price of $55.13 per share and the remaining beneficial ownership level are explicit in the filing. This is a routine equity-compensation related transaction and does not, by itself, provide evidence of a change in corporate outlook or material shift in insider conviction.
TL;DR: Form 4 discloses a compensation-related disposition; documentation shows the issuer's executive complied with Section 16 reporting rules.
The filing notes the disposition was effected to satisfy tax withholding obligations on vested RSUs, which is a common corporate governance outcome following vesting. The report was executed by an attorney-in-fact and includes an explicit explanatory remark. From a governance perspective, the transaction appears procedural and tied to employee compensation rather than a discretionary sale by the reporting person.
David Burg, vicepresidente esecutivo e membro del consiglio di WSFS Financial Corp (WSFS), ha segnalato una operazione su azioni ordinarie della società. In data 15/08/2025 ha ceduto 5.604 azioni al prezzo di $55.13 per azione; la comunicazione indica che le azioni sono state trattenute per coprire le imposte sulle Restricted Stock Units maturate. Dopo la transazione deteneva beneficiariamente 25.129 azioni. Il Modulo 4 è stato presentato tramite procuratore e specifica che la cessione corrisponde al ritenuto fiscale sulle RSU maturate.
David Burg, vicepresidente ejecutivo y director de WSFS Financial Corp (WSFS), informó una transacción sobre acciones ordinarias de la compañía. El 15/08/2025 dispuso de 5.604 acciones a un precio de $55.13 por acción; la declaración indica que dichas acciones se retuvieron para cubrir impuestos sobre unidades restringidas de acciones (RSU) devengadas. Tras la operación poseía beneficiariamente 25.129 acciones. El Formulario 4 fue presentado a través de un apoderado y explica que la disposición representa la retención fiscal sobre las RSU consolidadas.
데이비드 버그(David Burg)는 WSFS Financial Corp(WSFS)의 수석 부사장이자 이사로서 회사 보통주 거래를 보고했습니다. 2025년 8월 15일에 5,604주를 주당 $55.13에 처분했으며, 제출서류에는 이 주식들이 행사된 제한주식단위(RSU)의 세금을 충당하기 위해 원천징수되었다고 기재되어 있습니다. 거래 후 그는 25,129주의 실질적 보유자가 되었습니다. Form 4는 법정 대리인을 통해 제출되었고, 처분이 행사된 RSU에 대한 세금 원천징수임을 설명하고 있습니다.
David Burg, vice-président exécutif et administrateur de WSFS Financial Corp (WSFS), a déclaré une opération portant sur des actions ordinaires de la société. Le 15/08/2025, il a cédé 5 604 actions au prix de 55,13 $ par action ; le dossier indique que ces actions ont été retenues pour couvrir les impôts liés à des Restricted Stock Units arrivées à échéance. Après la transaction, il détenait à titre bénéficiaire 25 129 actions. Le formulaire 4 a été déposé par un mandataire et précise que la cession représente la retenue fiscale sur des RSU acquises.
David Burg, Executive Vice President und Director von WSFS Financial Corp (WSFS), meldete eine Transaktion mit Stammaktien des Unternehmens. Am 15.08.2025 veräußerte er 5.604 Aktien zum Preis von $55.13 je Aktie; die Einreichung besagt, dass diese Aktien einbehalten wurden, um Steuern auf ausgeübte Restricted Stock Units zu begleichen. Nach der Transaktion besaß er wirtschaftlich 25.129 Aktien. Das Formular 4 wurde durch einen Bevollmächtigten eingereicht und erklärt, dass die Veräußerung der Steuerverrechnung auf ausgefallene RSUs entspricht.