WSFS Director Jennifer W Davis Receives 923-Share Award

What Happened

Jennifer W. Davis, a director of WSFS Financial Corp (WSFS), received 923 shares as an award/acquisition on August 7, 2026. The reported price per share was $81.27, for a total reported value of $75,012. The transaction is coded as an award/grant (A), meaning the company issued shares to the insider rather than a market purchase or sale.

Key Details

• Transaction date: 2026-08-07
• Price per share: $81.27; Shares acquired: 923; Total value: $75,012
• Transaction type/code: Award/Grant (A) — an acquisition of shares via compensation/award
• SEC filing date: 2026-08-11 (filed within the typical two-business-day Form 4 window)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/plan details: None disclosed in the excerpt (no 10b5-1, tax-withholding, or vesting details provided)

Context

An "award" to a director is typically part of director compensation (e.g., restricted stock or director equity grants) and is more routine than an insider buy or sale. Such grants do not necessarily signal a change in the insider's view of the company’s stock — they often reflect standard compensation policies. Retail investors should note awards for record-keeping, but open-market purchases by insiders tend to be more informative about sentiment.