TFS Financial director buys 7,000 shares
TFS Financial CORP director Daniel F. Weir, through an IRA, reported an open-market purchase of 7,000 shares of Common Stock at $15.85 per share on May 29, 2026.
Rhea-AI Filing Summary
TFS Financial CORP director Daniel F. Weir, through an IRA, reported an open-market purchase of 7,000 shares of Common Stock at $15.85 per share on May 29, 2026. Following this transaction, the IRA held 49,943 shares indirectly.
Weir also reported indirect ownership of 20,148 shares through his spouse and 15,100 shares held directly. In addition, he holds restricted stock units representing 20,000 and 5,000 underlying shares of common stock, which include dividend equivalent rights and scheduled vesting as described in prior grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,000 shares
Net Buy
5 txns
Insider
Weir Daniel F
Role
Director
Bought
7,000 shs ($111K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,000 | $15.85 | $111K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 49,943 shares (Indirect, By IRA);
Restricted Stock Units — 25,000 contracts (Direct);
Common Stock — 15,100 shares (Direct);
Common Stock — 20,148 shares (Indirect, Spouse)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
Key Figures
Open-market purchase: 7,000 shares at $15.85
IRA holdings after trade: 49,943 shares
Spouse indirect holdings: 20,148 shares
+3 more
6 metrics
Open-market purchase
7,000 shares at $15.85
Common Stock bought on May 29, 2026 via IRA
IRA holdings after trade
49,943 shares
Indirect Common Stock ownership following purchase
Spouse indirect holdings
20,148 shares
Common Stock held indirectly through spouse
Direct common stock holdings
15,100 shares
Common Stock held directly by Daniel F. Weir
RSUs underlying shares (grant 1)
20,000 shares
Restricted Stock Units tied to common stock
RSUs underlying shares (grant 2)
5,000 shares
Restricted Stock Units granted December 18, 2025
Key Terms
Restricted Stock Units, dividend equivalent rights, open-market purchase, indirect ownership
4 terms
Restricted Stock Units financial
"On December 18, 2025, the reporting person received a grant of 5,000 Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Restricted stock units are entitled to dividend equivalent rights in the form of a cash payment"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"ownership_type": "indirect""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TFS Financial (TFSL) report for Daniel F. Weir?
TFS Financial reported that director Daniel F. Weir’s IRA bought 7,000 shares of common stock. The open-market purchase occurred on May 29, 2026, and was reported on Form 4, updating his indirect ownership position in the company.
What restricted stock units does Daniel F. Weir have at TFS Financial (TFSL)?
Weir holds restricted stock units corresponding to 20,000 and 5,000 underlying TFS Financial common shares. These RSUs carry dividend equivalent rights and vest according to grant schedules described in prior awards from December 2022 and December 2025.
Do Daniel F. Weir’s restricted stock units in TFSL earn dividends?
Each restricted stock unit carries dividend equivalent rights equal to any cash dividend paid per common share. Instead of stock, the holder receives cash payments mirroring dividends while the restricted stock units remain outstanding until they vest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
