8-K
filed May 19, 2023, 7:59 PM ET
ticker WSFS
CIK 0000828944
other
confidence high
sentiment neutral
materiality 0.15
WSFS shareholders elect directors, approve say-on-pay and share plan amendment at 2023 annual meeting
WSFS FINANCIAL CORP
- Elected three directors (du Pont, Foster, Turner) for terms through 2026; each received over 45M votes for.
- Non-binding advisory vote on executive compensation passed with 50,993,316 in favor (97.3% of votes cast).
- Shareholders voted for advisory votes every 1 year; 48,121,152 voted for 1-year frequency.
- Approved amendment to 2018 Incentive Plan, increasing shares available for issuance.
- Ratified KPMG LLP as independent auditor for FY2023 with 55,026,929 votes for (98.0% of votes cast).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WSFS FINANCIAL CORP shareholders approved Advisory (non-binding) vote recommending the frequency of advisory votes on compensation of the Registrant's named executive officers every one year at the 2023-05-16 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal Number 3: Advisory (Non-Binding) Vote Recommending the Frequency of Advisory Votes on Compensation of the Registrants' Named Executive Officers 1 Year 2 Years 3 Years Abstain Broker Non-vote 48,121,152 187,157 4,072,450 60,222 3,686,394
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WSFS FINANCIAL CORP shareholders approved Ratification of the appointment of KPMG LLP as the Registrant's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-16 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal Number 5: Ratification of the Appointment of Independent Registered Public Accounting Firm (KPMG LLP) For Against Abstain Broker Non-vote 55,026,929 1,062,934 37,512 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WSFS FINANCIAL CORP shareholders approved Election of three directors (Eleuthere I. du Pont, Nancy J. Foster, and David G. Turner) for a term ending at the 2026 Annual Meeting of Stockholders at the 2023-05-16 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal Number 1: Election of Directors Director For Withheld Broker Non-vote Eleuthere I. du Pont 45,459,508 6,981,477 3,686,390 Nancy J. Foster 51,614,907 826,078 3,686,390 David G. Turner 46,162,832 6,278,153 3,686,390
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WSFS FINANCIAL CORP shareholders approved Amendment of the 2018 Incentive Plan to increase the number of shares of Common Stock available for issuance under the Plan at the 2023-05-16 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal Number 4: Amendment of the 2018 Incentive Plan For Against Abstain Broker Non-vote 50,773,572 1,599,582 67,831 3,686,390
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
WSFS FINANCIAL CORP shareholders approved Advisory (non-binding) vote on the compensation of the Registrant's named executive officers at the 2023-05-16 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-16
Exact text from the filing
Proposal Number 2: Advisory (Non-binding) Vote on the Compensation of the Registrant's Named Executive Officers For Against Abstain Broker Non-vote 50,993,316 1,363,715 83,952 3,686,392
View on SEC.gov
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