{"filing":{"accession_number":"0000828944-26-000020","cik":"0000828944","ticker":"WSFS","company_name":"WSFS FINANCIAL CORP","form":"8-K","filing_date":"2026-06-11","report_date":null,"primary_document":"wsfs-20260605.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/828944/000082894426000020/wsfs-20260605.htm"},"events":[{"id":5254,"run_id":4605,"accession_number":"0000828944-26-000020","anchor_item_number":"7.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"WSFS entered into a partnership with Elan Financial Services to issue WSFS-branded credit cards and agreed to sell its credit card portfolio ($36.3 million outstanding balance) to Elan. While characterized as a partnership, the core transaction involves a material disposition of a business line (credit card portfolio) with anticipated financial impacts of ~$1.7 million gain and ~$1.3 million provision release in Q2 2026. This constitutes a material disposition activity reportable under Item 1.02 or 2.01 framework, though disclosed under Item 7.01.","company_name":"WSFS FINANCIAL CORP","ticker":"WSFS","filing_date":"2026-06-11","form":"8-K","submitted_at":null,"items":[{"id":6429,"accession_number":"0000828944-26-000020","item_number":"7.01","item_title":"Regulation FD Disclosure","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"WSFS entered into a partnership with Elan Financial Services to issue WSFS-branded credit cards and agreed to sell its credit card portfolio ($36.3 million outstanding balance) to Elan. While characterized as a partnership, the core transaction involves a material disposition of a business line (credit card portfolio) with anticipated financial impacts of ~$1.7 million gain and ~$1.3 million provision release in Q2 2026. This constitutes a material disposition activity reportable under Item 1.02 or 2.01 framework, though disclosed under Item 7.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-11T21:15:06.548501+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":6429,"accession_number":"0000828944-26-000020","item_number":"7.01","item_title":"Regulation FD Disclosure","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"WSFS entered into a partnership with Elan Financial Services to issue WSFS-branded credit cards and agreed to sell its credit card portfolio ($36.3 million outstanding balance) to Elan. While characterized as a partnership, the core transaction involves a material disposition of a business line (credit card portfolio) with anticipated financial impacts of ~$1.7 million gain and ~$1.3 million provision release in Q2 2026. This constitutes a material disposition activity reportable under Item 1.02 or 2.01 framework, though disclosed under Item 7.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-11T21:15:06.548501+00:00","company_name":"WSFS FINANCIAL CORP","ticker":"WSFS","filing_date":"2026-06-11"}]}
