WSFS EVP Christine Davis Withholds 1,170 Shares for Taxes

What Happened
Christine Elizabeth Davis, Executive Vice President and Chief Risk Officer at WSFS Financial Corp (WSFS), had a total of 1,170 shares withheld to cover taxes on vested restricted stock units (RSUs). The withholding occurred on 2026-04-15 at an effective price of $69.07 per share, with amounts of 341, 417, 328, and 84 shares withheld in four line items, representing cash values of $23,553; $28,802; $22,655; and $5,802 respectively (combined ≈ $80,812). This is a routine tax-withholding event (transaction code F), not an open-market sale indicating a trading decision.

Key Details

• Transaction date: 2026-04-15; Filing date: 2026-04-17 (appears filed within the normal Form 4 window).
• Prices and disposals: 341 @ $69.07 ($23,553); 417 @ $69.07 ($28,802); 328 @ $69.07 ($22,655); 84 @ $69.07 ($5,802).
• Total shares withheld: 1,170; total value withheld: ≈ $80,812.
• Footnote: F1 — shares withheld to cover taxes due on vested restricted stock units.
• Shares owned after transaction: not specified in the provided data (check the full Form 4 for post-transaction holdings).
• Filing timeliness: no late filing flag provided.

Context
Withholding shares to cover taxes on vested RSUs is an administrative, non-investment action: the company retains (or cancels) a portion of the vested shares to satisfy payroll/tax obligations. This type of transaction typically does not convey a buy/sell signal about the insider’s view of the stock.