TFS Financial (TFSL) COO reports new RSU and PSU equity awards
Rhea-AI Filing Summary
TFS Financial Corp reported an insider equity transaction by its Chief Operating Officer, who filed individually. As of the reported date, the COO beneficially owned 27,910 shares of common stock directly and 13,414 shares indirectly through an ESOP.
On December 18, 2025, the COO received a grant of 14,300 Restricted Stock Units (RSUs), which vest in three equal annual installments beginning December 10, 2026. The filing also notes prior RSU grants of 6,500 and 8,700 units, additional performance-based awards of 9,800 Performance Share Units tied to a two‑year performance period ended September 30, 2025, and 11,000 stock options granted in 2018. Each RSU and PSU converts into one share of common stock and carries dividend equivalent cash rights while outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14,300 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Restricted Share Units | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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 December 18, 2025, the reporting person received a grant of 14,300 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2026. 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 December 19, 2024, the reporting person received a grant of 8,700 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2025. On November 25, 2025, the reporting person achieved performance level of 100% on a target award of 9,800 Performance Share Units ("PSUs"), resulting in a total earned award of 9,800 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 11,000 stock options. These options will fully vest on December 10, 2020
FAQ
What insider transaction did TFS Financial (TFSL) disclose for its COO?
The company disclosed that its Chief Operating Officer received a grant of 14,300 Restricted Stock Units (RSUs) on December 18, 2025, reported on a Form 4.
When do the new RSUs granted to the TFS Financial COO vest?
The 14,300 RSUs granted on December 18, 2025 vest in three equal annual installments beginning on December 10, 2026.
What prior equity awards to the TFS Financial (TFSL) COO are mentioned?
The filing mentions earlier grants of 6,500 RSUs on March 4, 2024 and 8,700 RSUs on December 19, 2024, plus 11,000 stock options granted on January 5, 2018.
What performance-based awards did the TFS Financial COO earn?
The COO achieved 100% of a target award of 9,800 Performance Share Units, with the performance period covering the two fiscal years ended September 30, 2025. These will vest and be distributed on December 10, 2026.
Do the RSUs and PSUs at TFS Financial (TFSL) include dividend equivalents?
Yes. Each restricted and performance stock unit includes dividend equivalent rights as cash payments equal to any cash dividend paid per share of common stock while the units are outstanding.