TFS Financial (TFSL) director granted 5,000 RSUs and updates ownership

Rhea-AI Filing Summary

TFS Financial Corporation director reports new stock-based award and updated holdings. A company director filed a Form 4 showing a grant of 5,000 restricted stock units on December 18, 2025. These RSUs each represent a right to receive one share of TFS Financial common stock and include cash payments equal to any cash dividends paid on the underlying shares. The RSUs fully vest on December 10, 2026.

After this grant, the director beneficially owns 34,600 shares of common stock directly, 21,140 shares indirectly as trustee, and 5,000 RSUs held directly. This filing reflects routine equity compensation and clarifies the director’s current ownership stake in TFS Financial.

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

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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^*

Ringenbach John

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

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

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
Common Stock								34,600	D
Common Stock								21,140	I	Trustee

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
Restricted Stock Units	(1)	12/18/2025		A		5,000		(2)	(2)	Common Stock	5,000	$0	5,000	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of TFS Financial Corporation common stock. Restricted stock units are entitled to dividend equivalent rights in the form of a cash payment in the amount of any cash dividend paid per share of common stock.

2. On December 18, 2025, the reporting person received a grant of 5,000 Restricted Stock Units ("RSU's") that fully vest on December 10, 2026.

Remarks:

	/s/ Susanne N. Miller, Pursuant to Power of Attorney	12/18/2025
	** 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 transaction did TFS Financial (TFSL) disclose in this Form 4?

The filing shows a grant of 5,000 restricted stock units to a TFS Financial Corporation director on December 18, 2025. Each unit represents a right to receive one share of common stock.

When do the 5,000 RSUs granted to the TFS Financial director vest?

The 5,000 restricted stock units granted on December 18, 2025 fully vest on December 10, 2026, at which point they convert into shares of TFS Financial common stock.

Do the TFS Financial (TFSL) RSUs include dividend equivalents?

Yes. The filing states that the restricted stock units are entitled to dividend equivalent rights in the form of a cash payment equal to any cash dividend paid per share of TFS Financial common stock.

How many TFS Financial shares does the director own directly and indirectly after this transaction?

Following the reported transaction, the director beneficially owns 34,600 shares directly and 21,140 shares indirectly as trustee, in addition to 5,000 RSUs held directly.

What is the reporting person’s relationship to TFS Financial Corporation (TFSL)?

The reporting person is identified as a Director of TFS Financial Corporation, according to the relationship section of the Form 4.

What type of derivative security was granted to the TFS Financial director?

The derivative security reported is restricted stock units tied to TFS Financial common stock, with 5,000 underlying shares and an exercise price of $0, reflecting stock-based compensation.