TFS Financial (TFSL) CFO logs 16,500 RSUs, 12,700 PSUs and option expiration
Rhea-AI Filing Summary
TFS Financial Corporation’s chief financial officer and director reported several equity award updates. On December 18, 2025, the insider received a grant of 16,500 restricted stock units (RSUs), which are scheduled to vest in three equal annual installments beginning December 10, 2026. The filing also notes that on November 25, 2025, the insider achieved 100% of the performance target on a prior award of 12,700 performance share units (PSUs), locking in an earned award of 12,700 shares that will vest and be distributed, along with related dividend equivalents, on December 10, 2026.
The insider continues to hold various prior RSU and stock option grants, including legacy options originally covering 187,500 and 54,400 shares at exercise prices of $14.74 and $19.31, respectively. A separate employee stock option covering 24,200 shares expired on December 17, 2025. Following these transactions, the insider holds 67,236 shares of common stock directly, plus additional shares through a 401(k) plan and an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 16,500 | $0.00 | -- |
| holding | Performance Restricted Share Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares are held with shared voting power with spouse. 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 16,500 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2026. On November 25, 2025, the reporting person achieved performance level of 100% on a target award of 12,700 Performance Share Units ("PSUs"), resulting in a total earned award of 12,700 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. As reported on a Form 4 dated September 29, 2011, the reporting person received a grant of 3,600 restricted stock units that vest in four equal annual installments beginning May 14, 2011. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation. On December 19, 2024, the reporting person received a grant of 16,600 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2025. On March 4, 2024, the reporting person received a grant of 14,400 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2024. As reported on a Form 4 dated January 8, 2018, the reporting person received a grant of 187,500 stock options. These stock options vest in three equal annual installments beginning December 10, 2018. As reported on a Form 4 dated December 15, 2016, the reporting person received a grant of 79,400 stock options. These stock options vest in three equal annual installments beginning December 10, 2017. These option expired December 17, 2025.
FAQ
What insider activity did TFSL disclose for its CFO on December 18, 2025?
The chief financial officer and director of TFS Financial Corporation (TFSL) reported a new equity grant and updates to existing awards as of December 18, 2025, including restricted stock units, performance share units, and stock options.
How many new restricted stock units were granted to the TFSL CFO?
On December 18, 2025, the reporting person received a grant of 16,500 restricted stock units (RSUs), which vest in three equal annual installments beginning on December 10, 2026.
Did any TFSL stock options held by the CFO expire in this period?
Yes. An employee stock option covering 24,200 shares of TFS Financial Corporation common stock expired on December 17, 2025, leaving 0 shares outstanding under that particular option grant.
What common stock holdings does the TFSL CFO report after these transactions?
After the reported transactions, the insider lists 67,236 shares of TFS Financial Corporation common stock held directly, plus additional indirect holdings of 371 shares through a 401(k) plan and 549 shares through an ESOP.
What other equity awards does the TFSL CFO continue to hold?
The filing shows continuing positions in various equity awards, including performance restricted share units totaling 12,700 shares, multiple restricted stock unit grants, and employee stock options originally covering 187,500 and 54,400 shares at exercise prices of $14.74 and $19.31, respectively.
What is the relationship of the reporting person to TFS Financial Corporation?
The reporting person is listed as both a director and an officer of TFS Financial Corporation, serving in the role of Chief Financial Officer.