du Pont Eleuthere I 4
Research Summary
AI-generated summary
WSFS Director du Pont Eleuthere I Gifts 1,140 Shares
What Happened
- Eleuthere I du Pont, a director of WSFS FINANCIAL CORP (WSFS), reported gifting 1,140 shares on February 18, 2026. The transaction is reported as a gift (transaction code G) with a reported price of $0.00, meaning no sale proceeds were received.
Key Details
- Transaction date: 2026-02-18 (reported on Form 4 with the same report date).
- Transaction type/code: Gift (G). Two mirror entries show 1,140 shares disposed and 1,140 shares acquired, each at $0.00.
- Reported value: $0.00 (no cash exchanged).
- Shares after transaction: not specified on this Form 4.
- Footnote: The shares are held in a trust for the benefit of the reporting person’s children; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest (Footnote F1).
- Filing timeliness: report covers the transaction date and was filed on the same date; no late filing indicated.
Context
- Gifts are transfers for estate-planning or personal reasons and do not necessarily signal a view on the company’s stock price. Because the shares were moved into a trust for the reporting person’s children and the director disclaims beneficial ownership (per the footnote), this is a personal/estate-planning transfer rather than a market-driven purchase or sale.