Gavin B. Stefanski - 10 Aug 2023 Form 4 Insider Report for TFS Financial CORP (TFSL)

Role
Chief Lending Officer
Signature
/s/ Timothy W. Mulhern, Pursuant to Power of Attorney
Issuer symbol
TFSL
Transactions as of
10 Aug 2023
Net transactions value
$0
Form type
4
Filing time
10 Aug 2023, 17:10:15 UTC
Previous filing
11 Aug 2022
Next filing
24 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFSL Common Stock Gift +6,000 +15% 44,755 10 Aug 2023 Direct F1
holding TFSL Common Stock 2,307 10 Aug 2023 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 Employee Stock Option (right to buy) 5,000 10 Aug 2023 Common Stock 5,000 $14.62 Direct F3
holding TFSL Restricted Stock Units 10,000 10 Aug 2023 Common Stock 10,000 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person received shares as a gift
F2 Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
F3 On April 2, 2018, the reporting person received 5,000 stock options. These options fully vest on December 10, 2020.
F4 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.
F5 On December 17, 2020, the reporting person received 10,000 Restricted Stock Units ("RSUs") which fully vest on December 10, 2023.