19 unchanged sentences
Chief Financial Officer
−Removed: March 1, 2022
+Added: February 28, 2023
Report of Independent Registered Public Accounting Firm
4 unchanged sentences
In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2022, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.
−Removed: We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated statements of financial condition of the Company as of December 31, 2021 and 2020, the related consolidated statements of income, comprehensive income, changes in stockholders’ equity, and cash flows for each of the years in the three-year period ended December 31, 2021, and the related notes (collectively, the consolidated financial statements), and our report dated March 1, 2022 expressed an unqualified opinion on those consolidated financial statements.
+Added: We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated statements of financial condition of the Company as of December 31, 2022 and December 31, 2021, the related consolidated statements of income, comprehensive income, changes in stockholders’ equity, and cash flows for each of the years in the three-year period ended December 31, 2022, and the related notes (collectively, the consolidated financial statements), and our report dated February 28, 2023 expressed an unqualified opinion on those consolidated financial statements.
Basis for Opinion
16 unchanged sentences
Philadelphia, Pennsylvania
−Removed: March 1, 2022
+Added: February 28, 2023
OTHER INFORMATION
2 unchanged sentences
DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
−Removed: The Information required by this Item is incorporated herein by reference from the discussion responsive thereto under the headings “Director Nominees,” “Other Continuing Directors,” “Executive Management,” “Security Ownership of Certain Beneficial Owners and Management” and “Committees” in our definitive proxy statement for our 2022 Annual Meeting of Stockholders to be filed with the Securities and Exchange Commission no later than 120 days after the close of the fiscal year covered by this Annual Report on Form 10-K (the Proxy Statement).
+Added: The Information required by this Item is incorporated herein by reference from the discussion responsive thereto under the headings “Corporate Governance — Biographies of Director Nominees,” “Corporate Governance — Other Continuing Directors,” “Executive Compensation — Executive Leadership Team,” “Security Ownership of Certain Beneficial Owners and Management,” "Executive Compensation — Executive Compensation Policies," “Corporate Governance-Committees” and "Board Structure and Roles" in our definitive proxy statement for our 2023 Annual Meeting of Stockholders to be filed with the Securities and Exchange Commission no later than 120 days after the close of the fiscal year covered by this Annual Report on Form 10-K (the Proxy Statement).
We have adopted a Code of Ethics that applies to our principal executive officer, principal financial officer, principal accounting officer, controller or persons performing similar functions.
1 unchanged sentence
EXECUTIVE COMPENSATION
−Removed: The information required by this Item is incorporated herein by reference from the discussion responsive thereto under the headings “Executive Compensation Discussion and Analysis” and “Compensation of our Board of Directors” in the Proxy Statement.
+Added: The information required by this Item is incorporated herein by reference from the discussion responsive thereto under the headings “Executive Compensation Discussion and Analysis” and “Corporate Governance — Compensation of our Board of Directors” in the Proxy Statement.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED SHAREHOLDER MATTERS
6 unchanged sentences
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
−Removed: The information required by this Item is incorporated herein by reference from the discussion responsive thereto under the heading “Transactions with Related Parties” and “Independence” in the Proxy Statement.
+Added: The information required by this Item is incorporated herein by reference from the discussion responsive thereto under the heading “Transactions with Related Parties” and “Our Director Nomination and Selection Process — Independence” in the Proxy Statement.
PRINCIPAL ACCOUNTANT FEES AND SERVICES
−Removed: The information required by this Item is incorporated herein by reference from the discussion responsive thereto under the heading “Audit Services” in the Proxy Statement.
+Added: The information required by this Item is incorporated herein by reference from the discussion responsive thereto under the heading “Audit Matters — Audit Services” in the Proxy Statement.
EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
6 unchanged sentences
3.1 Registrant’s Amended and Restated Certificate of Incorporation, as amended, is incorporated herein by reference to Exhibit 3.1 of the Registrant's Annual Report on Form 10-K for the year ended December 31, 2019.
−Removed: 3.2 Amended and Restated Bylaws of WSFS Financial Corporation is incorporated herein by reference to Exhibit 3.2 of the Registrant’s Current Report on Form 8-K filed on November 21, 2014.
+Added: 3.2 Amended and Restated Bylaws of WSFS Financial Corporation is incorporated herein by reference to Exhibit 3.1 of the Registrant’s Current Report on Form 8-K filed on February 28, 2023.
4.1 Description of Common Stock of WSFS Financial Corporation is incorporated herein by reference to Exhibit 4.1 of the Registrant's Annual Report on Form 10-K for the year ended December 31, 2019.
36 unchanged sentences
10.5 WSFS Financial Corporation's 2018 Incentive Plan, as amended on March 23, 2021, is incorporated herein by reference to the Appendix of the Registrant's Definitive Proxy Statement on Schedule 14-A for the 2021 Annual Meeting of Stockholders.
−Removed: 10.6 Agreement and Plan of Reorganization, dated as of August 7, 2018, as amended on November 1, 2018, by and between WSFS Financial Corporation and Beneficial Bancorp, Inc., incorporated herein by reference to Exhibit 2.1 of the Registrant’s Form S-4/A filed on November 2, 2018.
−Removed: 10.7 Letter Agreement, dated as of August 7, 2018, by and between WSFS Financial Corporation and Gerard P.
−Removed: Cuddy, incorporated herein by reference to Exhibit 10.1 of the Registrant's Current Report on Form 8-K filed with the SEC on March 5, 2019.
+Added: 10.6 Letter Agreement, dated as of March 8 , 20 21 , by and between WSFS Financial Corporation and Francis J.
+Added: Leto , incorporated herein by reference to Exhibit 10.1 of the Registrant's Current Report on Form 8-K filed with the SEC on J a nuary 3 , 20 22 .
10.7 Supplemental Pension and Retirement Plan of Beneficial Bank, incorporated herein by reference to Exhibit 10.2 of the Registrant’s Quarterly Report on Form 10-Q filed with the SEC on May 10, 2019.
1 unchanged sentence
10.9 Amended and Restated Beneficial Bank Elective Deferred Compensation Plan, incorporated herein by reference to Exhibit 10.4 of the Registrant’s Quarterly Report on Form 10-Q filed with the SEC on May 10, 2019.
−Removed: 10.11 Transition Agreement, by and between the Registrant and Mark A.
−Removed: Turner, dated as of December 15, 2019 is incorporated herein by reference to Exhibit 10.19 of the Registrant's Annual Report on Form 10-K for the year ended December 31, 2019.
21 Subsidiaries of Registrant+
10 unchanged sentences
101.INS XBRL Instance Document **
−Removed: 104 The cover page of this Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 1, 2022 is formatted in Inline XBRL.
+Added: 104 The cover page of this Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on February 28, 2023 is formatted in Inline XBRL.
+ Filed herewith
9 unchanged sentences
WSFS FINANCIAL CORPORATION
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
/s/ Rodger Levenson
2 unchanged sentences
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
/s/ Rodger Levenson
1 unchanged sentence
Chairman, President and Chief Executive Officer
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
/s/ Anat Bird
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
/s/ Francis B.
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
/s/ Karen Dougherty Buchholz
Karen Dougherty Buchholz
−Removed: March 1, 2022 BY:
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
+Added: February 28, 2023 BY:
/s/ Jennifer W.
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
/s/ Michael J.
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
/s/ Eleuthère I.
−Removed: March 1, 2022 BY:
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
+Added: February 28, 2023 BY:
/s/ Christopher T.
Christopher T.
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
/s/ Francis J.
−Removed: March 1, 2022 BY:
−Removed: March 1, 2022 BY:
−Removed: March 1, 2022 BY:
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
+Added: February 28, 2023 BY:
+Added: February 28, 2023 BY:
/s/ Dominic C.
Executive Vice President and Chief Financial Officer
−Removed: March 1, 2022 BY:
+Added: February 28, 2023 BY:
/s/ Charles K.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.