Asher Anthony J 4

What Happened Asher Anthony J, a director of TFS Financial Corporation (TFSL), bought 5,000 shares in an open-market/private purchase on March 12, 2026. The shares were purchased at $13.37 per share for a total cost of $66,850. This transaction is a purchase (commonly viewed as more bullish than a sale).

Key Details

• Transaction date and price: 2026-03-12 — Purchase of 5,000 shares at $13.37 each (total $66,850).
• Transaction code: P (purchase).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note: The filing also discloses a separate grant of 5,000 Restricted Stock Units (RSUs) on December 18, 2025 (see Context).
• Filing timeliness: Form 4 was filed on 2026-03-13 for a transaction dated 2026-03-12 (timely filing).

Context

• The RSU footnotes explain that each RSU converts to one share and carries a cash dividend-equivalent right. The RSUs were granted on December 18, 2025 and vest in three equal annual installments beginning December 10, 2026 — these RSUs are a separate award and were not the source of the March 12 purchase.
• Purchases by corporate insiders can signal confidence in the company, but they are only one data point; the filing is factual and does not indicate the insider's motivation.