STOCK TITAN
  1. Home
  2. Sec-filings
  3. WSFS
  4. [Form 4] WSFS FINANCIAL CORP Insider Trading Activity

WSFS (WSFS) risk chief gets stock awards, withholds shares for taxes

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

Rhea-AI Filing Summary

WSFS Financial Corp executive Christine Elizabeth Davis, EVP and Chief Risk Officer, reported equity compensation activity in common stock. She acquired 4,754 shares and 2,820 shares through grant or award transactions at $66.38 per share, while 2,149 shares were disposed of to cover taxes on vested performance-based restricted share units.

The footnotes state she achieved a 76% performance level on PSUs granted on February 23, 2023 for the three-year period ended December 31, 2025, with each PSU representing one share of common stock. Following these moves, she directly holds 15,103 shares and indirectly holds 2,902 shares through a 401(k). Some additional PSUs without finalized performance assessments will be reported when evaluated.

Positive

  • None.

Negative

  • None.
Insider Davis Christine Elizabeth
Role EVP, Chief Risk Officer
Type Security Shares Price Value
Grant/Award Common Stock 4,754 $66.38 $316K
Exercise Price or Tax Liability Common Stock 2,149 $66.38 $143K
Grant/Award Common Stock 2,820 $66.38 $187K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 15,103 shares (Direct); Common Stock — 2,902 shares (Indirect, 401k)
Footnotes (4)
  1. F1. 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. F2. Represents shares withheld to cover taxes due on vested PSUs.
  3. F3. 3 year vest (33% increments) with first vesting date of 4/15/2027 and final vesting date of 4/15/2029.
  4. F4. 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transactions did WSFS (WSFS) report for Christine Elizabeth Davis?
WSFS reported that Christine Elizabeth Davis received stock awards and share dispositions related to equity compensation. She acquired two blocks of common stock and had shares withheld to cover taxes on vested performance-based restricted share units, all recorded on February 26, 2026.

How many WSFS shares did Christine Elizabeth Davis acquire and at what price?
She acquired 4,754 shares and 2,820 shares of WSFS common stock through grant or award transactions. Both awards used a reference price of $66.38 per share, reflecting the value assigned for these equity compensation entries on the reported transaction date.

Why were 2,149 WSFS shares disposed of in this Form 4 filing?
The 2,149 WSFS shares were withheld to cover taxes due on vested performance-based restricted share units. This appears as a disposition with transaction code F, which denotes using shares to satisfy tax liabilities tied to stock-based compensation awards.

What performance outcome was disclosed for WSFS performance-based restricted share units (PSUs)?
The filing notes a 76% performance level achieved on PSUs granted February 23, 2023. This percentage represents the final determination for the three-year performance period ending December 31, 2025, with each PSU corresponding to one WSFS common share.

What are Christine Elizabeth Daviss WSFS share holdings after these transactions?
After the recorded transactions, she directly holds 15,103 WSFS common shares. Additionally, she indirectly holds 2,902 common shares through a 401(k) account, reflecting retirement-related ownership separate from her direct share position.

Does the WSFS Form 4 mention any future reporting of additional PSUs?
Yes. It states that any PSUs for which performance assessments have not yet been made are excluded. Those units will be reported on a future Form 4 within two business days after their applicable performance goals are formally evaluated.
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*
Davis Christine Elizabeth
(Last) (First) (Middle)
500 DELAWARE AVENUE
(Street)
WILMINGTON DE 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)
EVP, Chief Risk Officer
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)
Code V Amount (A) or (D) Price
Common Stock 02/26/2026 A 4,754(1) A $66.38 14,432 D
Common Stock 02/26/2026 F 2,149(2) D $66.38 12,283 D
Common Stock 02/26/2026 A 2,820(3) A $66.38 15,103(4) D
Common Stock 2,902 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
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/ Christine E. Davis by Michael Griffe, 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