WSFS Director Francis B. Brake Receives 923-Share Award

What Happened

• Francis B. Brake, a director of WSFS Financial Corp (WSFS), was granted 923 shares on August 7, 2026.
• The shares were valued at $81.27 each, for a total value of approximately $75,012.
• This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-07; Filing date: 2026-08-10 (report accession 0001607605-26-000003).
• Price/value: 923 shares × $81.27 = $75,012 (per-share price shown on the Form 4).
• Shares owned after transaction: Not reported in the provided filing details.
• Footnotes/plan details: No 10b5-1 plan, tax-withholding, or other footnotes were noted in the information provided.
• Timeliness: The report was filed on Aug 10; the provided data does not indicate a late-filing flag.

Context

• This was an award/grant of shares to a company director. Grants are different from open-market purchases and may reflect planned compensation (vesting schedules or restricted stock) rather than immediate insider buying.
• Awards can be a positive sign of alignment with shareholders, but they do not carry the same immediate market signal as a director buying shares on the open market.