Securities trades recently reported to the Securities and Exchange Commission by officers, directors, and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC.

Ace Ltd.

Robert F. Cusumano

, general counsel, sold 5,891 shares at $68.80 May 20 and now directly holds 78,931 shares.

Peter Menikoff, director, sold 3,264 shares at $68.71 May 20 and now directly holds 54,840 shares.

Airgas Inc.

David M. Stout

, director, sold 5,000 shares at $67.03 May 20 and now directly holds 18,501 shares.

Ametek Inc.

James R. Malone

, director, sold 7,875 shares from $41.91 to $43.20 May 17 to 19 and now directly holds 40,495 shares.

Beneficial Mutual Bancorp Inc.

Michael J. Morris

, director, bought 5,000 shares at $8.25 May 16 and now directly holds 406,500 shares.

Central European Distribution Corp.

William S. Shanahan

, director, bought 20,000 shares from $11.16 to $11.33 May 17 and now directly holds 67,833 shares.

Checkpoint Systems Inc.

R. Keith Elliott

, director, bought 7,000 shares at $16.87 May 25 and now directly holds 10,000 shares.

Cigna Corp.

Philip D. Emond

, chief technology officer, sold 13,977 shares at $49.70 May 19 and now directly holds 15,979 shares.

John M. Murabito, officer, sold 31,058 shares at $49.69 May 19 and now directly holds 149,221 shares.

Crown Holdings Inc.

Jenne K. Britell

, director, sold 6,000 shares at $40.85 May 18 and now directly holds 53,074 shares.

Hersha Hospitality Trust

Eduardo S. Elsztain

, director and beneficial owner, sold 233,662 shares from $6.01 to $6.12 May 13 to 19 and now indirectly holds 15,613,900 shares.

Incyte Corp.

Paula J. Swain

, officer, sold 75,000 shares from $19.23 to $19.36 May 17 and now directly holds 18,061 shares.

Jones Group Inc.

Joseph Robert Kerrey

, director, sold 63,812 shares at $13.13 May 19 and now directly holds 11,777 shares.

Kenexa Corp.

James P. Restivo

, officer, sold 5,692 shares at $33.19 May 20 and now directly holds 44,000 shares.

Liberty Property Trust

Stephen D. Steinour

, director, bought 5,782 shares at $34.59 and $34.60 May 23 and now indirectly holds 29,770 shares.

Merck & Co. Inc.

Raul E. Kohan

, officer, sold 63,881 shares from $37.14 to $37.26 May 18 and now directly holds 82,662 shares.

Parke Bancorp Inc.

Thomas Hedenberg

, director, sold 535 shares from $8.71 to $9.01 May 13 to 17 and now directly holds 18,167 shares.

Prudential Bancorp Inc. of Pennsylvania

A.J. Fanelli

, director, bought 1,000 shares at $6.32 May 23 and now directly holds 15,006 shares.

Public Service Enterprise Group Inc.

Derek M Dirisio

, officer, sold 5,000 shares at $33.55 and $33.56 May 16 and now directly holds 8,362 shares.

RAIT Financial Trust

Scott F. Schaeffer

, chief executive officer, bought 50,000 shares at $1.99 May 19 and now directly holds 448,858 shares.

Royal Bancshares of Pennsylvania Inc.

William R. Hartman

, director, bought 5,000 shares from $1.70 to $1.75 May 18 and now directly holds 5,000 shares.

South Jersey Industries Inc.

Michael J. Renna

, officer, sold 1,000 shares at $55.54 May 18 and now directly holds 26,288 shares.

Strategic Diagnostics Inc.

Thomas A. Bologna

, director, bought 2,500 shares at $2.10 May 19 and now directly holds 7,500 shares.

TF Financial Corp.

John R. Stranford

, director, sold 1 share at $22.65 May 16 and now directly holds 128,470 shares.

Albert M. Tantala Sr., director, bought 696 shares at $22.44 May 16 and now directly and indirectly holds 132,877 shares.

WSFS Financial Corp.

Jennifer W. Davis

, director, bought 242 shares from $41.22 to $41.25 May 18 and now directly holds 2,676 shares.

SOURCES: Thomson Financial; SEC filings