SEC Form 4 · accession 0001566345-26-000006
TFS Financial CORP · TFSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cathy W Zbanek
Officer — Chief Synergy Officer
Period of report
Jun 9, 2026
Accepted (ET)
Jun 10, 2026 · 11:41 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001381668
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 9, 2026 | M | 60,000 | $14.74 | A | 124,352 | D | |
| Common StockF2 | Jun 9, 2026 | F | 55,533 | $16.49 | D | 68,819 | D | |
| Common StockF3 | holding | — | — | — | 14,234 | I | By ESOP | |
| Common StockF3 | holding | — | — | — | 5,323 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $14.74 | Jun 9, 2026 | M | 60,000 | D | — | Jan 5, 2028 | Common Stock | 60,000 | 67,500 | D |
| Restricted Stock UnitsF5,F6 | — | holding | — | — | — | — | — | Common Stock | 15,800 | 15,800 | D |
| Restricted Stock UnitsF5,F7 | — | holding | — | — | — | — | — | Common Stock | 4,734 | 4,734 | D |
| Restricted Stock UnitsF5,F8 | — | holding | — | — | — | — | — | Common Stock | 10,600 | 10,600 | D |
| Performance Restricted Share UnitsF5,F9 | — | holding | — | — | — | — | — | Common Stock | 12,400 | 12,400 | D |
| Employee Stock Option (right to buy)F10 | $19.31 | holding | — | — | — | — | Dec 15, 2026 | Common Stock | 79,400 | 79,400 | D |
Explanation of responses
- F1These common shares were acquired upon the exercise and settlement of certain stock options.
- F10As 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.
- F2These common shares were delivered to the issuer to pay for the options exercise price and applicable withholding tax due upon the exercise of certain stock options.
- F3Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- F4As 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.
- F5Each 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.
- F6On December 18, 2025, the reporting person received a grant of 15,800 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2026.
- F7On 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.
- F8On 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.
- F9On 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.