TFS Financial (TFSL) director acquires 15,100 common shares via RSUs
Rhea-AI Filing Summary
TFS Financial Corporation director reported acquiring 15,100 shares of common stock on December 10, 2025 through the vesting and settlement of restricted stock units (RSUs). The transactions covered 10,000 and 5,100 shares at $0 per share, reflecting previously granted RSU awards.
Following these transactions, the director beneficially owns 30,043 shares of TFS Financial common stock directly, which includes a small 2-share rounding adjustment, and 20,148 shares indirectly through a spouse. RSUs from a 2022 grant continue to vest in 20% annual installments, and a 2024 grant of 5,100 RSUs fully vested on December 10, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,100 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 5,100 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs). The ending number of direct shares reported also includes a de minimis adjustment of 2 shares due to rounding of fractional shares. 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. 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. On December 19, 2024, the reporting person received a grant of 5,100 Restricted Stock Units ("RSUs") which fully vest on December 10, 2025.
FAQ
What insider transaction did TFS Financial (TFSL) report in this Form 4?
A director of TFS Financial Corporation reported acquiring a total of 15,100 shares of common stock on December 10, 2025, resulting from the vesting and settlement of restricted stock units (RSUs).
What RSU grants are described in the TFS Financial (TFSL) filing?
The filing notes a 50,000 RSU grant received on December 15, 2022, vesting one-fifth (20%) per year beginning December 10, 2023, and a separate 5,100 RSU grant received on December 19, 2024 that fully vests on December 10, 2025.
What do the TFS Financial (TFSL) restricted stock units represent for the director?
Each restricted stock unit represents a contingent right to receive one share of TFS Financial common stock and is entitled to dividend equivalent rights in the form of cash payments equal to any cash dividend paid per share.
Were there any exercise costs associated with the TFS Financial (TFSL) RSU vesting?
No exercise cost was reported; the 10,000 and 5,100 common shares acquired upon RSU vesting were listed at a price of $0 per share.
What is the director’s relationship to TFS Financial (TFSL) as reported?
The filing identifies the reporting person as a director of TFS Financial Corporation, filing individually as one reporting person.