TFS Financial CORP (TFSL) corrects insider PSU award and share count

Rhea-AI Filing Summary

TFS Financial CORP filed an amended insider ownership report for its Chief Innovation Officer. The amendment corrects an earlier description of a performance share award and clarifies that the officer achieved a performance level of 100% on a target grant of 5,700 Performance Share Units (PSUs), resulting in a total earned award of 5,700 shares of common stock.

These PSUs are reported in the derivative securities table as performance restricted share units tied to common stock, with 5,700 derivative securities beneficially owned directly following the reported transaction dated 12/16/2025. The change is limited to the explanatory footnote and does not introduce a new award beyond what was previously reported.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mulhern Timothy W

Role Chief Innovation Officer

Type	Security	Shares	Price	Value
holding	Performance Restricted Share Units	--	--	--

Holdings After Transaction: Performance Restricted Share Units — 5,700 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mulhern Timothy W

(Last) (First) (Middle)

7007 BROADWAY AVENUE

(Street)

CLEVELAND OH 44105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TFS Financial CORP [ TFSL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Innovation Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
12/12/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Restricted Share Units	(1)							(1)	(1)	Common Stock	5,700		5,700	D

Explanation of Responses:

1. The original Form 4, filed on December 12, 2025, reporting the achievement of a PSU award had an incorrect number of target and awarded shares in the footnote. This Form 4 amendment is solely to correct the explanation to read that the reporting person achieved a performance level of 100% on a target award of 5,700 Performance Share Units ("PSUs"), resulting in a total earned award of 5,700 shares.

Remarks:

	/s/ Susanne N. Miller, Pursuant to Power of Attorney	12/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity was reported for TFS Financial CORP (TFSL)?

The report shows that the Chief Innovation Officer achieved a performance level of 100% on a target grant of 5,700 Performance Share Units (PSUs), resulting in an earned award of 5,700 shares of common stock tied to those PSUs.

Why was this TFS Financial CORP (TFSL) insider filing amended?

The amendment corrects an earlier explanation that had an incorrect number of target and awarded shares. It now states that the target award was 5,700 PSUs and the total earned award was 5,700 shares at a 100% performance level.

How many performance share units does the TFS Financial CORP officer now report owning?

The filing shows 5,700 performance restricted share units reported as derivative securities, with 5,700 underlying shares of common stock beneficially owned directly following the transaction.

What role does the reporting person hold at TFS Financial CORP (TFSL)?

The reporting person is identified as an Officer of TFS Financial CORP with the title Chief Innovation Officer.

What is the transaction date for the performance share award in the TFSL filing?

The earliest transaction date associated with the performance share award in this report is listed as 12/16/2025.

Is this TFS Financial CORP (TFSL) filing for one insider or multiple insiders?

The document is indicated as a Form filed by One Reporting Person, meaning it covers a single insider rather than a group.