4//SEC Filing
Mulhern Timothy W 4
Accession 0001899371-25-000004
CIK 0001381668other
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 10:10 AM ET
Size
15.0 KB
Accession
0001899371-25-000004
Insider Transaction Report
Form 4
Mulhern Timothy W
Finance Manager - Future CFO
Transactions
- Award
Performance Restricted Share Units
2025-11-25+5,700→ 5,700 total→ Common Stock (5,700 underlying)
Holdings
- 14,413
Common Stock
- 16,742(indirect: ESOP)
Common Stock
- 9,177(indirect: By 401(k))
Common Stock
- 2,134
Restricted Stock Units
→ Common Stock (2,134 underlying) - 4,334
Restricted Stock Units
→ Common Stock (4,334 underlying) - 8,730
Performance Restricted Share Units
→ Common Stock (8,730 underlying) - 5,000
Employee Stock Option (right to buy)
Exercise: $14.74Exp: 2028-01-15→ Common Stock (5,000 underlying)
Footnotes (8)
- [F1]Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- [F2]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.
- [F3]On November 25, 2025, the reporting person achieved performance level of 100% on a target award of 5,700 Performance Share Units ("PSUs"), resulting in a total earned award of 5,700 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.
- [F4]Each restricted stock unit represents a contingent right to receive one share of TFS Financial Corporation common stock. Restricted 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 15, 2022, the reporting person received a grant of 6,400 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2023.
- [F6]On March 4, 2024, the reporting person received a grant of 6,500 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2024.
- [F7]On November 21, 2024, the reporting person achieved performance level of 90.0% on a target award of 9,700 Performance Share Units ("PSUs"), resulting in a total earned award of 8,730 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.
- [F8]On January 5, 2018, the reporting person received a grant of 5,000 stock options. These options fully vest on December 10, 2020.
Documents
Issuer
TFS Financial CORP
CIK 0001381668
Entity typeother
Related Parties
1- filerCIK 0001899371
Filing Metadata
- Form type
- 4
- Filed
- Nov 25, 7:00 PM ET
- Accepted
- Nov 26, 10:10 AM ET
- Size
- 15.0 KB