Marc A. Stefanski - 15 Dec 2025 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role: Chairman, President and CEO, Director
Signature: /s/ Susanne N. Miller, Pursuant to Power of Attorney
Issuer symbol: TFSL
Transactions as of: 15 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 16 Dec 2025, 15:19:34 UTC
Previous filing: 12 Dec 2025
Next filing: 18 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Stefanski Marc A	Chairman, President and CEO, Director	7007 BROADWAY AVENUE, CLEVELAND	/s/ Susanne N. Miller, Pursuant to Power of Attorney	16 Dec 2025	0001388161

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TFSL	Common Stock	Gift	$0	-3,500	-2.5%	$0.000000	136,997	15 Dec 2025	Direct	F1
transaction	TFSL	Common Stock	Gift	$0	-20,000	-15%	$0.000000	116,997	15 Dec 2025	Direct	F2
transaction	TFSL	Common Stock	Gift	$0	+3,500	+14%	$0.000000	28,200	15 Dec 2025	By Spouse	F1
holding	TFSL	Common Stock						37,150	15 Dec 2025	Trustee for daughter's trust
holding	TFSL	Common Stock						20,389	15 Dec 2025	Trust Beneficiary
holding	TFSL	Common Stock						54,738	15 Dec 2025	Trustee for sibling trust
holding	TFSL	Common Stock						111,520	15 Dec 2025	By 401(k)	F3
holding	TFSL	Common Stock						10,916	15 Dec 2025	BY ESOP	F3

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						13,567	15 Dec 2025	Common Stock	13,567		Direct	F4, F5
holding	TFSL	Restricted Stock Units						26,934	15 Dec 2025	Common Stock	26,934		Direct	F4, F6
holding	TFSL	Performance Restricted Share Units						20,400	15 Dec 2025	Common Stock	20,400		Direct	F4, F7
holding	TFSL	Restricted Stock Units						33,400	15 Dec 2025	Common Stock	33,400		Direct	F4, F8
holding	TFSL	Restricted Stock Units						35,700	15 Dec 2025	Common Stock	35,700		Direct	F4, F9
holding	TFSL	Restricted Stock Units						693,048	15 Dec 2025	Common Stock	693,048		Direct	F4, F10
holding	TFSL	Employee Stock Option (right to buy)						196,700	15 Dec 2025	Common Stock	196,700	$19.06	Direct	F11

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

Explanation of Responses:

Id	Content
F1	On December 15, 2025 the reporting person gifted these shares to his wife.
F2	On December 15, 2025 the reporting person gifted these shares to his son's children's trust.
F3	Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
F4	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.
F5	On March 4, 2024, the reporting person received a grant of 40,700 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2024.
F6	On December 19, 2024, the reporting person received a grant of 40,400 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2025.
F7	On November 25, 2025, the reporting person achieved performance level of 100% on a target award of 20,400 Performance Share Units ("PSUs"), resulting in a total earned award of 20.400 shares. This represents the final determination a March 4, 2024 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2025. 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, 2026.
F8	As reported on a Form 4 dated May 14, 2009, the reporting person received a grant of 33,400 restricted stock units that vest in four equal annual installments beginning on May 12, 2010. Vested shares may be distributed to the reporting person only after the person's termination of employment with TFS Financial Corporation.
F9	As reported on a Form 4 dated May 18, 2010, the Reporting Person received a grant of 35,700 restricted stock units that vest in four equal installments beginning on May 14, 2011. Vested shares may be distributed to the Reporting Person only after that person's termination of employment with TFS Financial Corporation.
F10	As reported on a Form 4 dated August 13, 2008, the Reporting Person received a grant of 701,800 Restricted Stock Units ("RSUs") on August 11, 2008. These RSUs vest 10% on each of the third through the ninth anniversaries of the date of the grant and 30% on the tenth anniversary of the date of the grant. Vested shares may be distributed to the Reporting Person only after the person's termination of employment from TFS Financial Corporation. 3,387 shares were delivered to the issuer on August 13, 2012; and 5,365 shares were delivered to the issuer on August 11, 2015; to pay for the applicable withholding tax due upon vesting.
F11	As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 196,700 stock options. These stock options vest in three equal annual installments beginning December 10, 2016.