Ashley H. Williams - Nov 29, 2023 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Director
Signature
/s/ Timothy W. Mulhern, Pursuant to Power of Attorney
Stock symbol
TFSL
Transactions as of
Nov 29, 2023
Transactions value $
-$122,040
Form type
4
Date filed
11/30/2023, 10:32 AM
Previous filing
Dec 19, 2022
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Sale -$122K -9K -20.95% $13.56 34K Nov 29, 2023 Direct
holding TFSL Common Stock 16.2K Nov 29, 2023 Trust Beneficiary
holding TFSL Common Stock 30K Nov 29, 2023 Trustee for daughter's trust

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 7.65K Nov 29, 2023 Common Stock 7.65K Direct F1, F2
holding TFSL Restricted Stock Units 10K Nov 29, 2023 Common Stock 10K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 15, 2022, the reporting person received a grant of 7,650 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023
F3 On December 20, 2018, the reporting person received a grant of 50,000 Restricted Stock Units ("RSUs"). These RSUs shall vest one-fifth (20%) per year beginning on December 10, 2019