TFS Financial (TFSL) Chief Experience Officer reports new 8,600 RSU grant

Rhea-AI Filing Summary

TFS Financial Corporation reported insider equity activity for its Chief Experience Officer on Form 4. On December 18, 2025, the officer received a grant of 8,600 restricted stock units (RSUs), each representing one share of common stock and carrying dividend equivalent rights. These RSUs vest in three equal annual installments beginning December 10, 2026.

The filing also notes earlier RSU grants of 4,300 units from December 19, 2024, vesting in three equal annual installments beginning December 10, 2025, and 15,000 RSUs granted on March 4, 2024 that fully vest on December 10, 2026. In addition, the officer holds 5,000 stock options granted April 2, 2018 with an exercise price of $14.62 per share and an expiration date of January 5, 2028. Beneficial ownership includes 3,256 shares held through an ESOP and 32,766 shares held in trust.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Stefanski Gavin B

(Last) (First) (Middle)

7007 BROADWAY AVENUE

(Street)

CLEVELAND OH 44105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TFS Financial CORP [ TFSL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Experience Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								775	D
Common Stock								3,256	I	ESOP(1)
Common Stock								32,766	I	In Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	12/18/2025		A		8,600		(3)	(3)	Common Stock	8,600	$0	8,600	D
Restricted Stock Units	(2)							(4)	(4)	Common Stock	2,867		2,867	D
Restricted Stock Units	(2)							(5)	(5)	Common Stock	15,000		15,000	D
Employee Stock Option (right to buy)	$14.62							(6)	01/05/2028	Common Stock	5,000		5,000	D

Explanation of Responses:

1. Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.

2. 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.

3. On December 18, 2025, the reporting person received a grant of 8,600 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2026.

4. On December 19, 2024, the reporting person received a grant of 4,300 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2025.

5. On March 4, 2024, the reporting person received a grant of 15,000 Restricted Stock Units (RSUs). These RSUs fully vest on December 10, 2026.

6. On April 2, 2018, the reporting person received 5,000 stock options. These options fully vest on December 10, 2020.

Remarks:

	/s/ Susanne N. Miller, Pursuant to Power of Attorney	12/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did TFS Financial (TFSL) report on this Form 4?

The Form 4 reports that the Chief Experience Officer of TFS Financial Corporation received a grant of 8,600 restricted stock units (RSUs) on December 18, 2025.

How do the new RSUs for TFS Financial (TFSL) vest?

The 8,600 RSUs granted on December 18, 2025 vest in three equal annual installments beginning on December 10, 2026.

What earlier RSU awards to the TFS Financial (TFSL) officer are disclosed?

The filing notes a grant of 4,300 RSUs on December 19, 2024 that vest in three equal annual installments beginning December 10, 2025, and a grant of 15,000 RSUs on March 4, 2024 that fully vest on December 10, 2026.

What stock options does the reporting person hold at TFS Financial (TFSL)?

The officer holds 5,000 stock options granted on April 2, 2018 with an exercise price of $14.62 per share and an expiration date of January 5, 2028.

How many TFS Financial (TFSL) shares does the officer beneficially own indirectly?

The officer beneficially owns 3,256 shares of common stock through an ESOP and 32,766 shares held in trust, as disclosed in the Form 4.

Do TFS Financial (TFSL) RSUs include dividend equivalent rights?

Yes. Each restricted stock unit represents a contingent right to one share of common stock and is entitled to dividend equivalent rights in the form of cash equal to any cash dividend paid per share.