TFS Financial (TFSL) director reports new 5,000 RSU equity grant
Rhea-AI Filing Summary
TFS Financial Corporation director reports new stock-based award. A director of TFS Financial Corporation received a grant of 5,000 restricted stock units on December 18, 2025 that fully vest on December 10, 2026. Each restricted stock unit represents a contingent right to receive one share of TFS Financial common stock and carries dividend equivalent rights in cash equal to any cash dividend paid per share.
Following the reported transactions, the director beneficially owns 30,043 shares of common stock directly and 20,148 shares indirectly through a spouse. The derivative holdings include the new 5,000 restricted stock units and 20,000 additional restricted stock units from an earlier grant made on December 15, 2022 that vest in 20% annual installments beginning December 10, 2023.
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FAQ
What insider transaction did TFS Financial (TFSL) report in this filing?
The filing shows that a director of TFS Financial Corporation received a grant of 5,000 restricted stock units on December 18, 2025, which are tied to the company’s common stock.
When do the newly granted TFS Financial (TFSL) restricted stock units vest?
The 5,000 restricted stock units granted on December 18, 2025 will fully vest on December 10, 2026, at which time the director is entitled to receive shares of common stock.
How many TFS Financial (TFSL) shares does the director own after this transaction?
After the reported transactions, the director owns 30,043 shares of TFS Financial common stock directly and 20,148 shares indirectly through a spouse.
What other restricted stock units does the TFS Financial (TFSL) director hold?
In addition to the new grant, the director holds 20,000 restricted stock units from a December 15, 2022 grant, which vests 20% per year beginning December 10, 2023.
Do the TFS Financial (TFSL) restricted stock units include dividend equivalents?
Yes. Each restricted stock unit is 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.
What does each TFS Financial (TFSL) restricted stock unit represent?
Each restricted stock unit represents a contingent right to receive one share of TFS Financial Corporation common stock, subject to the vesting conditions described.