Wechsler James J 4

What Happened

• James J. Wechsler, EVP & Chief Commercial Banking Officer at WSFS Financial Corp (WSFS), had 511 restricted stock unit (RSU) shares withheld/sold to cover tax withholding obligations on April 15, 2026.
• The shares were reported as dispositions in four tranches: 127 @ $69.07 ($8,772), 178 @ $69.07 ($12,294), 137 @ $69.07 ($9,463), and 69 @ $69.07 ($4,766), totaling $35,295.

Key Details

• Transaction date: April 15, 2026; filing date: April 17, 2026 (timely filing).
• Price per share: $69.07 for each tranche.
• Total shares withheld/disposed: 511; total value: ~$35,295.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 indicates shares were withheld to cover taxes on vested RSUs; F2 notes a one-share rounding correction to the reported balance.
• Transaction code F denotes tax withholding (not an open-market sale initiated for investment reasons).

Context

• This was a routine tax-withholding disposition associated with vested RSUs (a common practice where the company or broker withholds/sells shares to cover taxes). Such withholding is administrative and does not necessarily indicate the insider's view on the stock.
• For retail investors, purchases or open-market sales by insiders may carry more interpretive weight; tax-withholdings are typically procedural.