TFS Financial Corp (TFSL) director reports new 5,000 RSU grant

Rhea-AI Filing Summary

A director of TFS Financial Corp. reported new and existing equity awards. On December 18, 2025, the director received a grant of 5,000 restricted stock units (RSUs), which fully vest on December 10, 2026. Each RSU represents a right to receive one share of common stock and includes dividend equivalent rights in cash equal to any cash dividend paid per share.

The filing also shows the director continues to hold 10,000 RSUs from a December 16, 2021 grant that vests in five equal annual installments of 20% beginning December 10, 2022. After the reported transactions, the director beneficially owns 17,200 shares of TFS Financial common stock 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^*

Anderson Barbara 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								17,200	D

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
Restricted Stock Units	(1)							(3)	(3)	Common Stock	10,000		10,000	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 ("RSU's") that fully vest on December 10, 2026.

3. On December 16, 2021, 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, 2022.

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 equity award was reported in this Form 4 for TFSL?

The Form 4 reports that a director of TFS Financial Corp. (TFSL) received a grant of 5,000 restricted stock units (RSUs) on December 18, 2025.

When do the newly granted 5,000 RSUs for TFSL vest?

The 5,000 RSUs granted on December 18, 2025 fully vest on December 10, 2026, at which point they can convert into shares of common stock.

How many TFS Financial shares does the reporting person own after this transaction?

Following the reported transactions, the director beneficially owns 17,200 shares of TFS Financial Corp. common stock directly.

What are the terms of the earlier 2021 RSU grant reported for TFSL?

The director received 50,000 RSUs on December 16, 2021. These RSUs vest one-fifth (20%) per year beginning December 10, 2022, and 10,000 RSUs remain beneficially owned.

Do the TFSL restricted stock units provide dividend equivalents?

Yes. Each RSU is entitled to dividend equivalent rights in the form of a cash payment equal to any cash dividend paid per share of TFS Financial common stock.

Is the reporting person a director or officer of TFS Financial Corp.?

The Form 4 indicates that the reporting person is a director of TFS Financial Corp., as shown in the relationship section of the filing.