Daniel F. Weir - 10 Dec 2023 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Director
Signature
/s/ Susanne N. Miller, Pursuant to Power of Attorney
Issuer symbol
TFSL
Transactions as of
10 Dec 2023
Net transactions value
$0
Form type
4
Filing time
12 Dec 2023, 10:29:12 UTC
Previous filing
04 May 2023
Next filing
20 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Options Exercise $0 +10,000 +8.7% $0.000000 124,805 10 Dec 2023 Direct F1
holding TFSL Common Stock 19,725 10 Dec 2023 Spouse

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
transaction TFSL Restricted Stock Units Options Exercise $0 -10,000 -20% $0.000000 40,000 10 Dec 2023 Common Stock 10,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These common shares were acquired upon the vesting and settlement of certain restricted stock units (RSUs).
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 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.