TFS Financial CORP·4

Feb 12, 12:36 PM ET

WEIL MEREDITH S 4

Research Summary

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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.