BACCI ARTHUR J 4

What Happened
Arthur J. Bacci, EVP and COO of WSFS Financial Corp. (WSFS), had 1,939 shares withheld to cover tax obligations on vested restricted stock units. The withholding occurred on April 15, 2026, via four dispositions: 507, 448, 613 and 371 shares, each at $69.07 per share, for a combined value of approximately $133,926. These transactions are tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (within the typical two-business-day filing window).
• Price per share reported: $69.07.
• Shares withheld (dispositions): 507 ($35,018), 448 ($30,943), 613 ($42,340), 371 ($25,625) — total 1,939 shares, ~$133,926.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 — shares withheld to cover taxes on vested RSUs; F2 — reported balance adjusted by one share due to rounding correction.
• Transaction code meaning: F indicates shares withheld to satisfy tax withholding obligations on equity awards.

Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action and is generally considered neutral for interpreting insider sentiment (it’s not an independent decision to sell shares for cash). This was a tax-withholding/cashless disposition rather than a market sale or a new purchase.