TFS Financial CORP (TFSL) director reports 5,000-share gift and RSU holdings
Rhea-AI Filing Summary
TFS Financial CORP director Daniel F. Weir reported a bona fide gift of 5,000 shares of Common Stock on August 13, 2026, gifted to his daughter. After this gift, he directly holds 10,100 Common shares. He also reports indirect holdings of 49,943 Common shares in an IRA and 20,148 Common shares held by his spouse.
Weir additionally holds Restricted Stock Units (RSUs) covering 5,000 underlying Common shares from a grant on December 18, 2025 that fully vests on December 10, 2026, and 20,000 underlying Common shares from a December 15, 2022 grant that vests 20% annually beginning December 10, 2023.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
5 txns
Insider
Weir Daniel F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 5,000 | $0.00 | $0.00 |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,100 shares (Direct);
Restricted Stock Units — 25,000 shares (Direct);
Common Stock — 49,943 shares (Indirect, By IRA);
Common Stock — 20,148 shares (Indirect, Spouse)
Footnotes (4)
- F1. The reporting person gifted these shares to his daughter.
- F2. 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.
- F3. On December 18, 2025, the reporting person received a grant of 5,000 Restricted Stock Units ("RSU's") that fully vest on December 10, 2026.
- F4. On December 15, 2022, the reporting person received a grant of 50,000 Restricted Stock Units (RSUs). These RSUs will vest one-fifth (20%) per year beginning December 10, 2023.
Key Figures
Shares gifted: 5,000 shares of Common Stock
Direct holdings after gift: 10,100 shares of Common Stock
Indirect IRA holdings: 49,943 shares of Common Stock
+4 more
7 metrics
Shares gifted
5,000 shares of Common Stock
Bona fide gift to daughter on August 13, 2026
Direct holdings after gift
10,100 shares of Common Stock
Direct ownership position following the 5,000-share gift
Indirect IRA holdings
49,943 shares of Common Stock
Indirect ownership reported as held by IRA
Indirect spouse holdings
20,148 shares of Common Stock
Indirect ownership reported as held by spouse
2025 RSU grant underlying shares
5,000 underlying Common shares
RSUs granted December 18, 2025, vesting December 10, 2026
2022 RSU grant underlying shares
20,000 underlying Common shares
Portion of 50,000 RSUs granted December 15, 2022, subject to vesting
2022 RSU vesting schedule
20% per year
Vests one-fifth annually beginning December 10, 2023
Key Terms
Restricted Stock Units, bona fide gift, dividend equivalent rights, IRA
4 terms
Restricted Stock Units financial
"On December 18, 2025, the reporting person received a grant of 5,000 Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
dividend equivalent rights financial
"Restricted stock units are entitled to dividend equivalent rights in the form of a cash payment"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
IRA financial
"nature_of_ownership": "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What transaction did TFS Financial (TFSL) director Daniel Weir report?
Daniel F. Weir reported a bona fide gift of 5,000 shares of TFS Financial CORP Common Stock on August 13, 2026. The gifted shares were transferred to his daughter as noted in the filing footnotes.
What Restricted Stock Units does Daniel Weir hold in TFSL?
Weir holds RSUs representing 5,000 underlying Common shares from a December 18, 2025 grant and 20,000 underlying Common shares from a December 15, 2022 grant. Each RSU represents a contingent right to receive one TFSL share.
When do Daniel Weir’s TFSL Restricted Stock Units vest?
The 5,000 RSUs granted on December 18, 2025 fully vest on December 10, 2026. The 50,000 RSUs granted on December 15, 2022 vest 20% per year beginning December 10, 2023.
Do Daniel Weir’s TFSL RSUs receive dividend equivalents?
Yes. Each RSU carries dividend equivalent rights, providing a cash payment equal to any cash dividend paid per share of TFS Financial CORP Common Stock, as disclosed in the RSU footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
