TFSL insider trade: 15,000-share sale; 48,527 shares remain
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TFS Financial Corp (TFSL) reported an insider transaction on Form 4. A company officer who is also a director sold 15,000 shares of common stock at $13.85 on 11/12/2025. After the sale, the reporting person held 48,527 shares directly, plus 549 shares via an ESOP and 371 shares via a 401(k).
Disclosed derivative holdings include 19,170 performance RSUs; RSUs of 16,600, 9,600, and 4,734 shares; and stock options for 187,500 shares at an exercise price of $14.74 expiring 01/05/2028, along with additional option grants of 54,400 shares at $19.31 expiring 12/15/2026 and 24,200 shares at $19.06 expiring 12/17/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($207,750)
Net Sell
11 txns
Insider
WEIL MEREDITH S
Role
Chief Financial Officer
Sold
15,000 shs ($208K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $13.85 | $208K |
| holding | Performance Restricted Share Units | -- | -- | -- |
| holding | Restricted Stock 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 48,527 shares (Direct);
Performance Restricted Share Units — 19,170 shares (Direct);
Restricted Stock Units — 16,600 shares (Direct);
Employee Stock Option (right to buy) — 187,500 shares (Direct);
Common Stock — 549 shares (Indirect, BY ESOP)
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 November 21, 2024, the reporting person achieved performance level of 90.0% on a target award of 21,300 Performance Share Units ("PSUs"), resulting in a total earned award of 19,170 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 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. On December 15, 2022, the reporting person received a grant of 14,200 Restricted Stock Units (RSUs). These RSUs vest in three equal installments beginning December 10, 2023 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. 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. As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 49,200 stock options on December 15, 2015. These stock options vest in three equal annual installments beginning December 10, 2016.
FAQ
What insider transaction did TFSL report on Form 4?
A sale of 15,000 shares of common stock at $13.85 on 11/12/2025 by a company officer and director.
What TFSL derivative awards are disclosed for the reporting person?
Holdings include 19,170 performance RSUs and RSUs of 16,600, 9,600, and 4,734 shares.
What TFSL stock options are outstanding for the reporting person?
Options for 187,500 shares at $14.74 expiring 01/05/2028; 54,400 at $19.31 expiring 12/15/2026; 24,200 at $19.06 expiring 12/17/2025.
What roles does the reporting person hold at TFSL?
The individual is a Director and an Officer (Chief Financial Officer).
Are the RSUs and PSUs settled in TFSL common stock?
Yes. Each restricted and performance stock unit represents a contingent right to receive one share of TFSL common stock.