secwatch.observer — SEC 8-K summary
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Issuer:     WSFS FINANCIAL CORP (WSFS)
CIK:        0000828944
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001552781-23-000063
Event type: other
Sentiment:  neutral
Materiality: 0.10
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WSFS amends bylaws to allow 25% stockholder special meeting, adopt universal proxy rules
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- Stockholders holding at least 25% of voting power may demand a special meeting.
- Bylaws updated to comply with SEC universal proxy rules (Rule 14a-19) for contested elections.
- Meetings may be held solely by remote communication; notices may be delivered electronically.
- Advance notice for director nominations: 90-120 days before anniversary of prior annual meeting.
- Directors and officers granted indemnification and expense advancement rights per DGCL.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828944/000155278123000063/0001552781-23-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828944/000155278123000063/e23072_wsfs-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-23-000063

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer