WEIL MEREDITH S 4
4 · TFS Financial CORP · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
TFS Financial (TFSL) CFO Meredith Weil Sells Shares
What Happened
- Meredith S. Weil, Chief Financial Officer of TFS Financial Corporation (TFSL), sold a total of 15,000 shares in two open‑market transactions on February 11, 2026.
- Sale details: 12,911 shares at $14.95 each for $193,019, and 2,089 shares at $14.95 each for $31,231 — total proceeds ≈ $224,250.
- These were sales (S) — routine insider disposals rather than purchases; the filing does not indicate these were part of an option exercise or a grant distribution.
Key Details
- Transaction date: 2026-02-11; reported on Form 4 filed 2026-02-12 (filed promptly, not marked late).
- Price per share: $14.95.
- Shares owned after transaction: not stated in the provided filing.
- Relevant footnotes: F1 notes shares are held with shared voting power with spouse. Several other footnotes (F3–F10) indicate outstanding awards and option grants (RSUs, PSUs, and stock options) with various vesting schedules and dividend‑equivalent rights; see filing for full vesting details.
- Transaction type: Open market/private sale (code S).
Context
- Sales by executives can be routine (e.g., diversification or tax planning) and do not necessarily indicate a change in company outlook. Purchases tend to be more informative about insider confidence.
- This filing reflects only the reported sales on Feb 11, 2026; the reporting person also holds or is entitled to multiple awards and options with future vesting, which may affect future insider transactions.
Insider Transaction Report
Form 4
WEIL MEREDITH S
DirectorChief Financial Officer
Transactions
- Sale
Common Stock
[F1]2026-02-11$14.95/sh−12,911$193,019→ 54,325 total - Sale
Common Stock
[F1]2026-02-11$14.95/sh−2,089$31,231→ 52,236 total
Holdings
- 379(indirect: By 401(k))
Common Stock
[F2] - 1,033(indirect: BY ESOP)
Common Stock
[F2] - 16,500
Restricted Stock Units
[F3][F4]→ Common Stock (16,500 underlying) - 12,700
Performance Restricted Share Units
[F3][F5]→ Common Stock (12,700 underlying) - 3,600
Restricted Stock Units
[F3][F6]→ Common Stock (3,600 underlying) - 11,067
Restricted Stock Units
[F3][F7]→ Common Stock (11,067 underlying) - 4,800
Restricted Stock Units
[F3][F8]→ Common Stock (4,800 underlying) - 187,500
Employee Stock Option (right to buy)
[F9]Exercise: $14.74Exp: 2028-01-05→ Common Stock (187,500 underlying) - 54,400
Employee Stock Option (right to buy)
[F10]Exercise: $19.31Exp: 2026-12-15→ Common Stock (54,400 underlying)
Footnotes (10)
- [F1]Shares are held with shared voting power with spouse.
- [F10]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.
- [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 December 18, 2025, the reporting person received a grant of 16,500 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2026.
- [F5]On November 25, 2025, the reporting person achieved performance level of 100% on a target award of 12,700 Performance Share Units ("PSUs"), resulting in a total earned award of 12,700 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.
- [F6]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.
- [F7]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.
- [F8]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.
- [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.
Signature
/s/ Susanne N. Miller, Pursuant to Power of Attorney|2026-02-12