Gavin B. Stefanski - Aug 24, 2023 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Chief Lending Officer
Signature
/s/ Susanne N. Miller, Pursuant to Power of Attorney
Stock symbol
TFSL
Transactions as of
Aug 24, 2023
Transactions value $
-$68,669
Form type
4
Date filed
8/24/2023, 04:47 PM
Previous filing
Aug 10, 2023
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Sale -$68.7K -5K -11.17% $13.73 39.8K Aug 24, 2023 Direct
holding TFSL Common Stock 2.31K Aug 24, 2023 ESOP F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TFSL Restricted Stock Units 10K Aug 24, 2023 Common Stock 10K Direct F2, F3
holding TFSL Employee Stock Option (right to buy) 5K Aug 24, 2023 Common Stock 5K $14.62 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
F2 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.
F3 On December 17, 2020, the reporting person received 10,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023.
F4 On April 2, 2018, the reporting person received 5,000 stock options. These options fully vest on December 10, 2020.