Andrew J. Rubino - 18 Dec 2025 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role: Chief Operating Officer
Signature: /s/ Susanne N. Miller, Pursuant to Power of Attorney
Issuer symbol: TFSL
Transactions as of: 18 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 18 Dec 2025, 14:24:31 UTC
Previous filing: 12 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Rubino Andrew J	Chief Operating Officer	7007 BROADWAY AVENUE, CLEVELAND	/s/ Susanne N. Miller, Pursuant to Power of Attorney	18 Dec 2025	0001820740

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TFSL	Common Stock						27,910	18 Dec 2025	Direct
holding	TFSL	Common Stock						13,414	18 Dec 2025	ESOP	F1

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	Award	$0	+14,300		$0.000000	14,300	18 Dec 2025	Common Stock	14,300		Direct	F2, F3
holding	TFSL	Restricted Stock Units						2,167	18 Dec 2025	Common Stock	2,167		Direct	F2, F4
holding	TFSL	Restricted Stock Units						5,800	18 Dec 2025	Common Stock	5,800		Direct	F2, F5
holding	TFSL	Performance Restricted Share Units						9,800	18 Dec 2025	Common Stock	9,800		Direct	F2, F6
holding	TFSL	Employee Stock Option (right to buy)						11,000	18 Dec 2025	Common Stock	11,000	$14.74	Direct	F7

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

Explanation of Responses:

Id	Content
F1	Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
F2	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.
F3	On December 18, 2025, the reporting person received a grant of 14,300 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2026.
F4	On March 4, 2024, the reporting person received a grant of 6,500 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2024.
F5	On December 19, 2024, the reporting person received a grant of 8,700 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2025.
F6	On November 25, 2025, the reporting person achieved performance level of 100% on a target award of 9,800 Performance Share Units ("PSUs"), resulting in a total earned award of 9,800 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.
F7	On January 5, 2018, the reporting person received a grant of 11,000 stock options. These options will fully vest on December 10, 2020