WEIL MEREDITH S 4
4 · TFS Financial CORP · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
TFS Financial (TFSL) CFO Meredith S. Weil Sells 13,756 Shares
What Happened
- Meredith S. Weil, Chief Financial Officer of TFS Financial Corporation (TFSL), sold 13,756 shares of company stock in an open-market transaction on May 11, 2026. The weighted-average sale price was $14.91 per share, for total proceeds of about $205,102.
Key Details
- Transaction date: May 11, 2026 (reported on Form 4 filed May 12, 2026) — filing appears timely.
- Price: weighted average $14.91; actual prices in the series ranged from $14.86 to $14.96 (per footnote F1).
- Shares sold: 13,756 (Disposition — code S).
- Shares owned after transaction: not specified in the supplied excerpt of the filing.
- Notable footnotes: F1 explains the weighted-average price and price range; F2 notes shares are held with shared voting power with spouse. Other footnotes (F5–F11, F6 especially) reference outstanding RSUs, PSUs and option grants with various vesting schedules but do not relate to this sale.
Context
- This was a sale (disposition), which is commonly routine insider activity and does not by itself indicate management’s view of long-term prospects.
- The filing shows the sale proceeded via multiple transactions on a single day (price range listed). The report does not indicate a derivative exercise or tax-withholding sale in connection with option exercise — it’s reported simply as a sale.
Insider Transaction Report
Form 4
WEIL MEREDITH S
DirectorChief Financial Officer
Transactions
- Sale
Common Stock
[F1][F2]2026-05-11$14.91/sh−13,756$205,102→ 38,480 total
Holdings
- 386(indirect: By 401(k))
Common Stock
[F3] - 0(indirect: BY ESOP)
Common Stock
[F3] - 16,500
Restricted Stock Units
[F4][F5]→ Common Stock (16,500 underlying) - 12,700
Performance Restricted Share Units
[F4][F6]→ Common Stock (12,700 underlying) - 3,600
Restricted Stock Units
[F4][F7]→ Common Stock (3,600 underlying) - 11,067
Restricted Stock Units
[F4][F8]→ Common Stock (11,067 underlying) - 4,800
Restricted Stock Units
[F4][F9]→ Common Stock (4,800 underlying) - 187,500
Employee Stock Option (right to buy)
[F10]Exercise: $14.74Exp: 2028-01-05→ Common Stock (187,500 underlying) - 54,400
Employee Stock Option (right to buy)
[F11]Exercise: $19.31Exp: 2026-12-15→ Common Stock (54,400 underlying)
Footnotes (11)
- [F1]Represents the weighted-average sale price per share of a series of transactions, all of which were executed on May 11, 2026. The actual sale prices ranged from a low of $14.86 to a high of $14.96, inclusive. Each reporting person undertakes to provide upon request of the SEC Staff, TFS Financial Corporation or any security holder of TFS Financial Corporation full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 2 decimal points.
- [F10]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.
- [F11]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]Shares are held with shared voting power with spouse.
- [F3]Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.
Signature
/s/ Susanne N. Miller, Pursuant to Power of Attorney|2026-05-12