Davis Christine Elizabeth 4
4 · WSFS FINANCIAL CORP · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-15$69.07/sh−341$23,553→ 14,762 total - Tax Payment
Common Stock
[F1]2026-04-15$69.07/sh−417$28,802→ 14,345 total - Tax Payment
Common Stock
[F1]2026-04-15$69.07/sh−328$22,655→ 14,017 total - Tax Payment
Common Stock
[F1]2026-04-15$69.07/sh−84$5,802→ 13,933 total
- 2,902(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Represents shares withheld to cover taxes due on vested restricted stock units.