Wechsler James J, WSFS Financial EVP, sells $31k in WSFS stock
#WSFS Financial #James J. Wechsler #Insider Trading #SEC Filing #Stock Sale #Executive Vice President #Wilmington Delaware
📌 Key Takeaways
- WSFS Financial EVP James J. Wechsler sold approximately $31,000 worth of company stock.
- The transaction was officially disclosed through a mandatory SEC filing to ensure regulatory compliance.
- The sale took place in the context of the executive's broader role within the Delaware-based financial institution.
- Insider sales of this type are common for diversification and do not necessarily indicate a shift in corporate strategy.
📖 Full Retelling
James J. Wechsler, Executive Vice President of WSFS Financial Corporation, executed a strategic sale of company stock valued at approximately $31,000 on the open market earlier this week. The transaction, which took place at the company's headquarters in Wilmington, Delaware, was disclosed in a regulatory filing with the Securities and Exchange Commission (SEC) to ensure transparency regarding the trading activities of high-ranking corporate insiders. This divestment comes as part of routine financial management for the executive, reflecting a common practice among senior leadership in the banking sector to liquidate a portion of their equity holdings.
The sale involved a specific number of shares priced at the prevailing market rate, contributing to a broader pattern of insider activity within the regional banking firm. WSFS Financial Corporation, the parent company of WSFS Bank, remains one of the oldest and largest locally managed bank and trust companies headquartered in the Delaware Valley. While the sale represents a notable amount in liquid assets for the individual, it accounts for only a fraction of Wechsler’s total compensatory stake in the organization, meaning his remaining interests are still closely aligned with the company’s long-term performance.
Market analysts often monitor such insider sales for signals regarding a company's future outlook, though individual sales of this magnitude are frequently attributed to personal tax planning or portfolio diversification rather than a lack of confidence in the firm. WSFS has maintained a steady presence in the financial services market, and this latest disclosure provides investors with the necessary data to track the ownership structure of the executive team. Following the completion of this transaction, Wechsler continues to serve in his capacity as Executive Vice President, overseeing key strategic initiatives for the financial institution.
🏷️ Themes
Finance, Corporate Governance, Stock Market
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Insider trading
Trading using nonpublic information
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Officer in government or business
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# SEC Filing An **SEC filing** is a formal financial statement or regulatory document submitted to the **U.S. Securities and Exchange Commission (SEC)**. These filings are mandatory requirements designed to ensure transparency, providing a standardized method for disclosing material information to ...
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📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) Wechsler James J, WSFS Financial EVP, sells $31k in WSFS stock Insider Trading Published 02/09/2026, 08:40 PM Wechsler James J, WSFS Financial EVP, sells $31k in WSFS stock 0 WSFS -1.10% James J. Wechsler, Executive Vice President and Chief Commercial Banking Officer of WSFS Financial Corp (NASDAQ:WSFS), sold 450 shares of common stock on February 5, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted-average price of $69.895, with individual sales prices ranging from $69.89 to $69.90, resulting in a total transaction value of $31,452. The transaction occurred as WSFS shares trade near their 52-week high of $71.32, with InvestingPro data indicating the stock is currently in overbought territory based on RSI. Following the reported transaction, Wechsler directly owns 5,777 shares of WSFS Financial Corp. He also indirectly owns 679 shares through a 401K. WSFS Financial, with a market capitalization of $3.85 billion and P/E ratio of 13.88, has maintained dividend payments for 29 consecutive years and shows strong price momentum with a 32.19% return over the past six months. InvestingPro analysis suggests the stock is currently trading below its Fair Value, with additional insights available in the comprehensive Pro Research Report covering this financial institution among 1,400+ top US equities. In other recent news, WSFS Financial Corporation reported its fourth-quarter earnings for 2025, surpassing analyst expectations. The company achieved an earnings per share of $1.43, beating the forecasted $1.23. WSFS Financial...