Hong Michelle 4
Research Summary
AI-generated summary
WSFS Director Michelle Hong Receives 655-Share Award
What Happened
Michelle Hong, a director of WSFS Financial Corp (WSFS), was granted 655 shares on February 4, 2026. The Form 4 reports the transaction as an award/acquisition (code A) with an acquisition price of $0.00, so no cash payment was reported for the shares. This is a grant (compensation award), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-04; Filing date: 2026-02-06 (filed within the typical two-business-day Form 4 window).
- Transaction code: A (award/grant); Price reported: $0.00.
- Shares acquired: 655 shares.
- Shares owned after transaction: Not disclosed in this filing.
- No 10b5-1 plan, tax‑withholding sale, or other special footnotes are reported in the filing.
Context
Grants reported as awards are commonly part of director or executive compensation packages and may be subject to vesting or other restrictions; the filing does not specify vesting terms. Such awards do not necessarily indicate immediate insider sentiment through buying or selling activity.