Weir Daniel F 4

What Happened

• Daniel F. Weir, a director of TFS Financial Corporation (TFSL), made an open-market purchase of 7,000 common shares on May 14, 2026. The shares were acquired at $15.02 per share, for a total transaction value of $105,140. This filing reports a purchase (code P), which is generally treated as a more informative insider action than routine sales.

Key Details

• Transaction date: 2026-05-14; Filing date: 2026-05-15 (timely).
• Transaction type: Open-market purchase (P).
• Shares purchased: 7,000 at $15.02 each; total cost $105,140.
• Shares owned after transaction: The filing notes a reclassification (see F1) of 35,943 shares from direct to indirect ownership (these shares are held in an IRA for which Mr. Weir is a beneficiary). Refer to the Form 4 for the exact ending beneficial ownership balance.
• Restricted stock units (RSUs): Each RSU converts to one share and pays dividend equivalents in cash (F2). Mr. Weir received 5,000 RSUs on 12/18/2025 that fully vest on 12/10/2026 (F3). He also holds 50,000 RSUs granted 12/15/2022 that vest 20% per year beginning 12/10/2023 (F4).
• No 10b5-1 plan, tax withholding, or late-filing flag is indicated in the provided notes.

Context

• Purchases by directors are often watched closely by retail investors because they increase the director’s stake; this is a straightforward open-market purchase, not an exercise or gift. The RSU notes simply outline future vesting rights and dividend-equivalent payments, and the F1 reclassification clarifies how some previously reported shares are held (IRA beneficiary) rather than indicating a new economic change.