TFS Financial (TFSL) director reports 5,100-share RSU vesting on 12/10/2025

Rhea-AI Filing Summary

TFS Financial Corporation director reported acquiring 5,100 shares of common stock on 12/10/2025 when previously granted restricted stock units vested and settled at $0 per share.

After this transaction, the reporting person directly owns 91,000 common shares, and the 5,100 restricted stock units granted on 12/19/2024 are now fully vested and no longer outstanding.

Insider Trade Summary

5,100 shares exercised/converted

Mixed 2 txns

Insider Ozan Terrence R

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	5,100	$0.00	--
Exercise	Common Stock	5,100	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 91,000 shares (Direct)

Footnotes (1)

1. These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs). 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. On December 19, 2024, the reporting person received a grant of 5,100 Restricted Stock Units ("RSUs") which fully vest on December 10, 2025.

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^*

Ozan Terrence R

(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)
12/10/2025

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	12/10/2025		M		5,100(1)	A	$0	91,000	D

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	(2)	12/10/2025		M			5,100	(3)	(3)	Common Stock	5,100	$0	0	D

Explanation of Responses:

1. These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs).

2. 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.

3. On December 19, 2024, the reporting person received a grant of 5,100 Restricted Stock Units ("RSUs") which fully vest on December 10, 2025.

Remarks:

	/s/ Susanne N. Miller, Pursuant to Power of Attorney	12/12/2025
	** 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) report on 12/10/2025?

On 12/10/2025, a TFS Financial director acquired 5,100 shares of common stock at $0 when previously granted restricted stock units vested and settled.

How many TFS Financial shares does the reporting person own after this transaction?

Following the 12/10/2025 vesting and share acquisition, the reporting person directly owns 91,000 shares of TFS Financial common stock.

What derivative securities were involved in this TFSL insider transaction?

The transaction involved restricted stock units (RSUs). A total of 5,100 RSUs were converted into 5,100 shares of TFS Financial common stock.

When were the TFS Financial restricted stock units granted and when did they fully vest?

The reporting person received a grant of 5,100 RSUs on 12/19/2024, which fully vested on 12/10/2025.

Does each TFS Financial restricted stock unit convert into one share?

Yes. Each restricted stock unit represents a contingent right to receive one share of TFS Financial common stock upon vesting and settlement.

Do the TFS Financial restricted stock units carry dividend equivalent rights?

Yes. The restricted stock units are entitled to dividend equivalent rights paid in cash equal to any cash dividend per share of common stock.

Is the reporting person a director or officer of TFS Financial?

The reporting person is a director of TFS Financial Corporation, as indicated in the relationship section of the filing.