TFS Financial Corp (TFSL) director reports 5,000 new RSUs and updated holdings

Rhea-AI Filing Summary

TFS Financial Corp director reports new stock-based award. A director of TFS Financial Corp received a grant of 5,000 restricted stock units (RSUs) on December 18, 2025. Each RSU represents a contingent right to receive one share of TFS Financial common stock and includes dividend equivalent rights in cash equal to any cash dividend paid per share. These 5,000 RSUs fully vest on December 10, 2026. After this grant, the reporting person beneficially owns 39,114 shares of common stock directly, 5,200 shares indirectly through a spouse, and 5,000 RSUs directly.

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^*

Asher Anthony J

(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)

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

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								39,114	D
Common Stock								5,200	I	By Spouse

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	(1)	12/18/2025		A		5,000		(2)	(2)	Common Stock	5,000	$0	5,000	D

Explanation of Responses:

1. 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.

2. On December 18, 2025, the reporting person received a grant of 5,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2026.

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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did TFS Financial Corp (TFSL) report on December 18, 2025?

On December 18, 2025, a director of TFS Financial Corp received a grant of 5,000 restricted stock units (RSUs) as reported on Form 4.

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

The 5,000 RSUs granted to the director on December 18, 2025 are scheduled to fully vest on December 10, 2026.

What does each TFS Financial Corp (TFSL) restricted stock unit represent?

Each restricted stock unit represents a contingent right to receive one share of TFS Financial Corporation common stock and carries cash dividend equivalent rights equal to any cash dividend per share.

How many TFS Financial Corp (TFSL) shares does the director own after this transaction?

After the reported transaction, the director beneficially owns 39,114 shares of common stock directly and 5,200 shares indirectly through a spouse, plus 5,000 RSUs directly.

What is the ownership relationship of the reporting person to TFS Financial Corp (TFSL)?

The reporting person is identified as a director of TFS Financial Corp on the Form 4.

Does the TFS Financial Corp (TFSL) Form 4 include any derivative securities besides the RSUs?

The Form 4 lists restricted stock units as derivative securities, covering 5,000 RSUs linked to TFS Financial common stock.