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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
October 23, 2025
Date of Report
(Date of Earliest Event Reported)
WSFS Financial Corporation
(Exact Name of Registrant as Specified in its Charter)
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| Delaware |
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001-35638 |
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22-2866913 |
(State or Other Jurisdiction
of Incorporation) |
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(SEC Commission
File Number) |
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(IRS Employer
Identification Number) |
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500 Delaware Ave,
Wilmington, Delaware, 19801
(Address of Principal Executive Offices) (Zip Code)
Registrant’s Telephone Number, including Area Code: (302) 792-6000
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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| Securities registered pursuant to Section 12(b) of the Act: |
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
| Common Stock, par value $0.01 per share |
WSFS |
Nasdaq Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 40.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 23, 2025, Michelle Hong was appointed to the Board of Directors (the “Board”) of WSFS Financial Corporation (“WSFS” or the “Company”), effective December 1, 2025. Committee assignments for Ms. Hong will be determined at a later date.
With this appointment, the WSFS Board will have 12 members, 11 of whom are independent, including Ms. Hong. Ms. Hong will be entitled to receive cash and equity compensation as a non-employee member of the Board, as described in the section entitled “Compensation of our Board of Directors” in the Company’s 2025 Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on April 1, 2025, the amount of which will be prorated from the date of her appointment. Ms. Hong will stand for reelection at the 2026 Annual Meeting of Stockholders.
There are no arrangements or understandings between Ms. Hong and any other person pursuant to which Ms. Hong was selected as a director, and there are no transactions to which the Company is a party and in which Ms. Hong has a material interest subject to disclosure under Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure
On October 29, 2025, the Company issued a press release announcing the appointment of Ms. Hong to the WSFS Board. A copy of the Company’s press release is attached hereto as Exhibit 99.1. This information (including Exhibit 99.1) is being furnished under Item 7.01 hereof and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and such information shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
104 Cover Page Interactive Data File (Embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
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WSFS FINANCIAL CORPORATION |
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| Date: |
October 29, 2025 |
By: |
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/s/ David Burg |
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David Burg
Executive Vice President, Chief Financial Officer |
EX-99.1
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wsfsfinancialcorporation.htm
EX-99.1
wsfsfinancialcorporation
FOR IMMEDIATE RELEASE Oct. 29, 2025 Media Contact: Connor Peoples (215) 864-5645 cpeoples@wsfsbank.com WSFS Financial Corporation Appoints Michelle Hong to Board of Directors WILMINGTON, Del. – WSFS Financial Corporation (Nasdaq: WSFS) today announced that Michelle Hong has been appointed to its Board of Directors, effective December 1, 2025. She will stand for election at the 2026 Annual Meeting of Shareholders. Hong currently serves as a corporate director of PECO, an Exelon company, and is the Vice Chair-elect of the National Association of Corporate Directors (NACD) in Philadelphia. Her extensive background in financial services includes her role as a founding partner and co-head of the Philadelphia office of Northern Trust and a 13-year tenure at Brown Brothers Harriman. Hong began her career in private legal practice and recently returned as Counsel at Stradley Ronon. Her deep commitment to the community is demonstrated through significant board service for organizations such as Main Line Health and Philabundance, and she has received numerous accolades for her professional and civic achievements. “Michelle’s proven leadership and deep roots in the financial and legal sectors make her an exceptional addition to our Board,” said Rodger Levenson, WSFS Chairman, President, and CEO. “Her impressive track record, combined with a steadfast commitment to community engagement, aligns perfectly with our core values. We’re confident that her perspective and expertise will be instrumental as we pursue our strategic goals and deliver for our Clients and Communities.” Hong earned her Juris Doctor from Harvard Law School and her Bachelor of Arts from Duke University. About WSFS Financial Corporation WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region. As of September 30, 2025, WSFS Financial Corporation had $20.8 billion in assets on its balance sheet and $93.4 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (58), Delaware (38), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management, and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Trust WSFS Bank Center 500 Delaware Avenue Wilmington, DE 19801 Exhibit 99.1
Advisors, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, WSFS Wealth Management, LLC, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com. ###
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