WSFS CFO David Burg Withholds 5,610 Shares for Taxes

What Happened David Burg, Executive Vice President and Chief Financial Officer of WSFS Financial Corp (WSFS), had 5,610 shares withheld to satisfy tax withholding on vested restricted stock units. The withholding was done at $81.66 per share, resulting in a cash value of $458,113 (reported as a disposition).

Key Details

• Transaction date: 2026-08-15; Filing date: 2026-08-18 (no late-filing flag shown in the filing).
• Price: $81.66 per share; Shares involved: 5,610; Total value: $458,113.
• Shares were withheld to cover taxes on vested RSUs (footnote F1: "Represents shares withheld to cover taxes due on vested restricted stock units").
• Transaction code: F (tax withholding); reported as a disposition of shares.
• Filing does not disclose post-transaction total shares owned by the insider.

Context This was an administrative tax-withholding event tied to RSU vesting, not a market sale initiated for investment reasons. Such withholdings are common and generally reflect routine tax obligations rather than a signal about the insider’s view of the company.