TFS Financial director buys 21,000 shares
TFS Financial CORP director Daniel F. Weir made an open-market purchase of 21,000 shares of common stock at $14.91 per share.
Rhea-AI Filing Summary
TFS Financial CORP director Daniel F. Weir made an open-market purchase of 21,000 shares of common stock at $14.91 per share. Following this buy, he directly holds 51,043 common shares. He also has indirect ownership of 20,148 common shares held by his spouse.
Weir holds restricted stock units (RSUs) that each represent a right to receive one share of common stock and carry dividend equivalent rights in cash. Footnotes state he received 50,000 RSUs in 2022 that vest 20% annually beginning December 10, 2023, and 5,000 RSUs in 2025 that fully vest on December 10, 2026.
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Insider Trade Summary 10b5-1
Net Buyer: 21,000 shares
Net Buy
4 txns
Insider
Weir Daniel F
Role
Director
Bought
21,000 shs ($313K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 21,000 | $14.91 | $313K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,043 shares (Direct);
Restricted Stock Units — 25,000 contracts (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 size: 21,000 shares
Purchase price: $14.91 per share
Direct holdings after purchase: 51,043 shares
+3 more
6 metrics
Open-market purchase size
21,000 shares
Common Stock bought on 2026-05-12
Purchase price
$14.91 per share
Open-market purchase of Common Stock
Direct holdings after purchase
51,043 shares
Common Stock directly owned post-transaction
Indirect spouse holdings
20,148 shares
Common Stock held indirectly through spouse
2022 RSU grant underlying shares
50,000 shares
RSUs vesting 20% per year beginning December 10, 2023
2025 RSU grant underlying shares
5,000 shares
RSUs fully vesting on December 10, 2026
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
"total_shares_following_transaction": "20148.0000", "direct_or_indirect": "I""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Daniel F. Weir report for TFS Financial (TFSL)?
Director Daniel F. Weir reported an open-market purchase of 21,000 shares of TFS Financial common stock at $14.91 per share. This Form 4 filing reflects a direct buy, increasing his reported direct ownership position in the company.
What restricted stock units (RSUs) does Daniel F. Weir hold at TFS Financial?
Daniel F. Weir holds RSUs that each convert into one TFS Financial common share and carry dividend equivalent cash rights. The filing notes a 50,000-unit grant from December 2022 vesting 20% annually and a 5,000-unit grant from December 2025 vesting fully in December 2026.
How do Daniel F. Weir’s TFS Financial RSUs vest over time?
A 50,000-unit RSU grant from December 15, 2022 vests one-fifth (20%) per year starting December 10, 2023. Another 5,000-unit grant dated December 18, 2025 fully vests on December 10, 2026, according to the Form 4 footnotes.
What are the dividend equivalent rights on TFS Financial RSUs held by Daniel F. Weir?
Each RSU held by Daniel F. Weir includes dividend equivalent rights, paying cash equal to any cash dividend per share of TFS Financial common stock. This means RSU holders receive cash amounts mirroring dividends paid on the underlying common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
