Ashley H. Williams - 10 Sep 2024 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 Sep 2024
Net transactions value
-$256,400
Form type
4
Filing time
12 Sep 2024, 12:18:23 UTC
Previous filing
26 Feb 2024
Next filing
20 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Sale $256,400 -20,000 -35% $12.82 37,150 10 Sep 2024 Trust Beneficiary F1
holding TFSL Common Stock 10,660 10 Sep 2024 Direct F1
holding TFSL Common Stock 40,000 10 Sep 2024 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 5,850 10 Sep 2024 Common Stock 5,850 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The ending balance reflects the transfer of 23,300 and 17,650 shares on 2/28/23 and 12/15/23, respectively, to the revocable trust for which Ms. Stefanski is the beneficiary. The transactions changed the beneficial ownership of such shares from direct to indirect ownership.
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 February 22, 2024, the reporting person received a grant of 5,850 Restricted Stock Units ("RSUs") which fully vest on February 21, 2025.