[Form 4] TFS Financial CORP Insider Trading Activity
Rhea-AI Filing Summary
TFS Financial Corporation's Chief Innovation Officer reported equity award activity dated December 10, 2025. The officer acquired 8,730, 2,167 and 2,134 common shares at $0 per share through the vesting and settlement of performance and restricted stock units, then delivered 8,908 shares at $13.91 per share to the company to cover tax withholding.
After these transactions, the officer directly held 18,536 common shares, with additional indirect holdings of 16,742 shares through an ESOP and 9,177 shares in a 401k. The 8,730-share award reflects a 90.0% achievement on a 9,700-unit performance share target for the two fiscal year period ended September 30, 2024. Remaining incentives include performance share units covering 5,700 shares, 2,167 unvested restricted stock units and stock options for 5,000 shares exercisable at $14.74 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Share Units | 8,730 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,134 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,167 | $0.00 | -- |
| Exercise | Common Stock | 8,730 | $0.00 | -- |
| Exercise | Common Stock | 2,167 | $0.00 | -- |
| Exercise | Common Stock | 2,134 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,908 | $13.91 | $124K |
| holding | Performance Restricted Share Units | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs) or performance share units (PSUs). These common shares were delivered to the issuer to pay for applicable withholding tax due upon the exercise of certain restricted stock units or performance share units. Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended. Each restricted and performance stock unit represents a contingent right to receive one share of TFS Financial Corporation common stock. Restricted and performance 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 November 21, 2024, the reporting person achieved performance level of 90.0% on a target award of 9,700 Performance Share Units ("PSUs"), resulting in a total earned award of 8,730 shares. This represents the final determination a December 15, 2022 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2024. Each PSU represents a contingent right to receive one share of TFS Financial Corporation common stock and 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 during the period the award was outstanding. The shares and dividend equivalent payment will vest and distribute to the reporting person on December 10, 2025. On December 15, 2022, the reporting person received a grant of 6,400 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2023. On March 4, 2024, the reporting person received a grant of 6,500 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2024. On November 25, 2025, the reporting person achieved performance level of 100% on a target award of 20,400 Performance Share Units ("PSUs"), resulting in a total earned award of 20.400 shares. This represents the final determination a March 4, 2024 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2025. Each PSU represents a contingent right to receive one share of TFS Financial Corporation common stock and 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 during the period the award was outstanding. The shares and dividend equivalent payment will vest and distribute to the reporting person on December 10, 2026. On January 5, 2018, the reporting person received a grant of 5,000 stock options. These options fully vest on December 10, 2020.
FAQ
What insider stock transactions did TFS Financial (TFSL) report on December 10, 2025?
The Chief Innovation Officer acquired 8,730, 2,167 and 2,134 common shares at $0 per share from vested performance and restricted stock units, and then delivered 8,908 shares at $13.91 per share to the company to cover tax withholding.
What equity incentives remain outstanding for this TFS Financial (TFSL) executive?
Outstanding incentives include performance share units covering 5,700 shares, 2,167 restricted stock units that remain unvested, and 5,000 employee stock options exercisable at $14.74 per share with an expiration date of January 15, 2028.
How are TFS Financial (TFSL) restricted and performance stock units structured for this officer?
Each restricted stock unit and performance stock unit represents a contingent right to receive one share of TFS Financial common stock and carries dividend equivalent rights equal to any cash dividend paid per share while the award is outstanding.