MEREDITH S. WEIL - 06 May 2025 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role: Chief Financial Officer, Director
Signature: /s/ Susanne N. Miller, Pursuant to Power of Attorney
Issuer symbol: TFSL
Transactions as of: 06 May 2025
Net transactions value: -$202,200
Form type: 4
Filing time: 08 May 2025, 15:15:19 UTC
Previous filing: 20 Feb 2025
Next filing: 29 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
WEIL MEREDITH S	Chief Financial Officer, Director	7007 BROADWAY AVENUE, CLEVELAND	/s/ Susanne N. Miller, Pursuant to Power of Attorney	08 May 2025	0001530997

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TFSL	Common Stock	Sale	$202,200	-15,000	-16%	$13.48	78,527	06 May 2025	Direct	F1
holding	TFSL	Common Stock						356	06 May 2025	By 401(k)	F2
holding	TFSL	Common Stock						526	06 May 2025	BY ESOP	F2

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	Performance Restricted Share Units						19,170	06 May 2025	Common Stock	19,170		Direct	F3, F4
holding	TFSL	Restricted Stock Units						16,600	06 May 2025	Common Stock	16,600		Direct	F3, F5
holding	TFSL	Restricted Stock Units						9,600	06 May 2025	Common Stock	9,600		Direct	F3, F6
holding	TFSL	Restricted Stock Units						4,734	06 May 2025	Common Stock	4,734		Direct	F3, F7
holding	TFSL	Restricted Stock Units						3,600	06 May 2025	Common Stock	3,600		Direct	F3, F8
holding	TFSL	Employee Stock Option (right to buy)						187,500	06 May 2025	Common Stock	187,500	$14.74	Direct	F9
holding	TFSL	Employee Stock Option (right to buy)						108,300	06 May 2025	Common Stock	108,300	$14.81	Direct	F10
holding	TFSL	Employee Stock Option (right to buy)						54,400	06 May 2025	Common Stock	54,400	$19.31	Direct	F11
holding	TFSL	Employee Stock Option (right to buy)						24,200	06 May 2025	Common Stock	24,200	$19.06	Direct	F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares are held with shared voting power with spouse.
F2	Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
F3	Each restricted and performance stock unit represents a contingent right to receive one share of TFS Financial Corporation common stock. Restricted and performance 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.
F4	On November 21, 2024, the reporting person achieved performance level of 90.0% on a target award of 21,300 Performance Share Units ("PSUs"), resulting in a total earned award of 19,170 shares. This represents the final determination a December 15, 2022 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2024. Each PSU represents a contingent right to receive one share of TFS Financial Corporation common stock and 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 during the period the award was outstanding. The shares and dividend equivalent payment will vest and distribute to the reporting person on December 10, 2025.
F5	On December 19, 2024, the reporting person received a grant of 16,600 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2025.
F6	On March 4, 2024, the reporting person received a grant of 14,400 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2024.
F7	On December 15, 2022, the reporting person received a grant of 14,200 Restricted Stock Units (RSUs). These RSUs vest in three equal installments beginning December 10, 2023
F8	As reported on a Form 4 dated September 29, 2011, the reporting person received a grant of 3,600 restricted stock units that vest in four equal annual installments beginning May 14, 2011. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation.
F9	As reported on a Form 4 dated January 8, 2018, the reporting person received a grant of 187,500 stock options. These stock options vest in three equal annual installments beginning December 10, 2018.
F10	As reported on a Form 4 dated May 29, 2015, the reporting person received a grant of 108,300 stock options on May 28, 2015. These stock options vest in five equal annual installments beginning May 28, 2016.
F11	As reported on a Form 4 dated December 15, 2016, the reporting person received a grant of 79,400 stock options. These stock options vest in three equal annual installments beginning December 10, 2017.
F12	As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 49,200 stock options on December 15, 2015. These stock options vest in three equal annual installments beginning December 10, 2016.