4//SEC Filing
Zbanek Cathy W 4
Accession 0001566345-25-000010
CIK 0001381668other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 5:24 PM ET
Size
28.4 KB
Accession
0001566345-25-000010
Insider Transaction Report
Form 4
Zbanek Cathy W
Chief Mkting Off of subsidiary
Transactions
- Exercise/Conversion
Common Stock
2025-12-10+18,990→ 72,187 total - Exercise/Conversion
Common Stock
2025-12-10+4,667→ 76,854 total - Exercise/Conversion
Common Stock
2025-12-10+4,733→ 81,587 total - Exercise/Conversion
Common Stock
2025-12-10+5,300→ 86,887 total - Tax Payment
Common Stock
2025-12-10$13.91/sh−15,786$219,583→ 71,101 total - Exercise/Conversion
Performance Restricted Share Units
2025-12-10−18,990→ 0 total→ Common Stock (18,990 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-10−4,667→ 0 total→ Common Stock (4,667 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-10−4,733→ 4,734 total→ Common Stock (4,733 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-10−5,300→ 10,600 total→ Common Stock (5,300 underlying)
Holdings
- 5,325(indirect: By 401(k))
Common Stock
- 13,760(indirect: By ESOP)
Common Stock
- 12,400
Performance Restricted Share Units
→ Common Stock (12,400 underlying) - 187,500
Employee Stock Option (right to buy)
Exercise: $14.74Exp: 2028-01-05→ Common Stock (187,500 underlying) - 79,400
Employee Stock Option (right to buy)
Exercise: $19.31Exp: 2026-12-15→ Common Stock (79,400 underlying) - 49,200
Employee Stock Option (right to buy)
Exercise: $19.06Exp: 2025-12-17→ Common Stock (49,200 underlying)
Footnotes (12)
- [F1]These common shares were acquired upon the vesting and settlement of certain restricted or performance stock units (RSUs) and (PSUs).
- [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.
- [F12]As reported on a Form 4 dated December 17, 2015, the reporting person received a grant of 49,200 stock options on December 15, 2015. These stock options vest in three equal annual installments beginning December 10, 2016.
- [F2]These common shares were delivered to the issuer to pay for applicable withholding tax due upon the exercise of certain restricted stock units or performance share units.
- [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 November 21, 2024, the reporting person achieved performance level of 90.0% on a target award of 21,000 Performance Share Units ("PSUs"), resulting in a total earned award of 18,990 shares. This represents the final determination a December 15, 2022 award that was dependent on certain performance results during the two fiscal year period ended September 30, 2024. 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, 2025.
- [F6]On December 15, 2022, the reporting person received a grant of 14,000 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2023.
- [F7]On March 4, 2024, the reporting person received a grant of 14,200 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2024.
- [F8]On December 19, 2024, the reporting person received a grant of 15,900 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2025.
- [F9]On November 25, 2025, the reporting person achieved performance level of 100% on a target award of 12,400 Performance Share Units ("PSUs"), resulting in a total earned award of 12,400 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.
Documents
Issuer
TFS Financial CORP
CIK 0001381668
Entity typeother
Related Parties
1- filerCIK 0001566345
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 5:24 PM ET
- Size
- 28.4 KB