Kruzinski Shari 4

What Happened
Shari Kruzinski, Executive Vice President and Chief Consumer Bank Officer of WSFS Financial Corp (WSFS), received a performance-based award that converted into 7,838 shares on February 26, 2026. The shares were valued at $66.38 each for a gross award value of $520,286. Of those, 2,266 shares were withheld to cover taxes (disposition value $150,417), leaving a net increase of 5,572 shares to the reporting person (net value ~ $369,869). The primary action is an award/vesting event (code A) with a tax withholding (code F), not an open-market purchase or sale.

Key Details

• Transaction date: February 26, 2026; reported on Form 4 filed Feb 27, 2026 (no late filing indicated).
• Price per share reported: $66.38.
• Shares acquired (award): 5,011 (value $332,630) and 2,827 (value $187,656) — total 7,838 shares, $520,286.
• Shares disposed/withheld for taxes: 2,266 shares, $150,417.
• Net shares added to her holdings: 5,572 shares (net value ≈ $369,869).
• Shares owned after transaction: Not disclosed in the filing.
• Relevant footnotes from the filing:
  • F1: A performance level of 76% was achieved for PSUs issued Feb 23, 2023; each PSU equals one share.
  • F2: Shares withheld to cover taxes on vested PSUs.
  • F3: Notes a separate/related 3-year vesting schedule (33% increments) with first vesting 4/15/2027 and final 4/15/2029.
  • F4: Does not include PSUs still under performance assessment; any future determinations will be reported.

Context
Performance-based restricted share units (PSUs) convert to common shares when performance goals are met; this filing documents that conversion and accompanying tax-withholding. Tax-withholding disposals are routine and do not indicate a voluntary sale by the insider. This was an award/vesting event, not a market purchase or strategic sale; retail investors should view it as insider compensation tied to prior performance targets rather than a direct bullish or bearish trade signal.