Weir Daniel F 4
Research Summary
AI-generated summary
TFS Financial Director Daniel Weir Acquires 7,000 Shares
What Happened
Daniel F. Weir, a director of TFS Financial Corporation (TFSL), made an open-market purchase of 7,000 common shares on May 29, 2026 at $15.85 per share, for a total of $110,950. This transaction is coded as a purchase (P) on the Form 4 and represents an insider buy (generally viewed as a more informative signal than routine sales).
Key Details
- Transaction date and price: May 29, 2026 — 7,000 shares @ $15.85 each (total $110,950).
- Transaction type: Open-market purchase (Form 4 code P).
- Shares owned after transaction: Not specified in the data provided on this Form 4.
- Filing date: Form 4 filed June 1, 2026 (transaction reported for period 2026-05-29). Form 4s are normally due within two business days of the transaction; this filing date appears to fall within the typical reporting window.
- Footnotes of note:
- F1: Each restricted stock unit (RSU) equals a contingent right to one share and carries dividend-equivalent cash rights.
- F2: On Dec 18, 2025 the reporting person received 5,000 RSUs that vest on Dec 10, 2026.
- F3: On Dec 15, 2022 the reporting person received 50,000 RSUs that vest 20% per year beginning Dec 10, 2023.
Context
- Insider purchases are often considered a positive signal since they increase the insider's stake; however, they do not prove future stock performance.
- The RSU footnotes indicate additional potential future share receipts (vesting schedules) but are distinct from this open-market purchase.
- For full ownership details or to confirm timeliness, consult the complete SEC Form 4 filing (Accession: 0001936663-26-000006).