LaRocca James E 4

What Happened

• James E. LaRocca, Accounting and Finance Officer at TFS Financial Corporation (TFSL), received a grant of 4,600 restricted stock units (RSUs) on June 29, 2026.
• The reported acquisition price is $0.00 (award/grant), so the filing shows $0 realized at grant; these RSUs are derivative awards that convert to common shares if and when they vest.

Key Details

• Transaction date: June 29, 2026; Form 4 filed June 30, 2026.
• Security: 4,600 RSUs (derivative), reported acquisition price $0.00; total immediate cash value reported $0.
• Vesting: These RSUs fully vest on January 29, 2027 (per filing footnote).
• Footnotes: Each RSU represents a contingent right to one share and carries dividend-equivalent rights in cash for any dividends paid on common stock.
• Shares owned after transaction: not disclosed in the provided filing.

Context

• RSU grants are a form of compensation, not an open-market purchase or sale; they do not by themselves indicate an insider buying or selling stock. Value is generally realized when RSUs vest and convert to shares (or are settled in cash).
• This was an award/grant transaction (code A) of derivative securities — common for executive compensation. The filing was submitted the next day (June 30, 2026).