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TFS Financial director plans $175,700 stock sale

TFS Financial CORP (TFSL) received a Rule 144 notice indicating that director Marc A. Stefanski, through the ASHLEY H STEFANSKI TRUST U/A 7/26/13, plans to sell 10,000 shares of common stock through Fidelity Brokerage Services LLC on NASDAQ.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TFS Financial CORP (TFSL) received a Rule 144 notice indicating that director Marc A. Stefanski, through the ASHLEY H STEFANSKI TRUST U/A 7/26/13, plans to sell 10,000 shares of common stock through Fidelity Brokerage Services LLC on NASDAQ.

The shares have an indicated aggregate market value of $175,700, and the class has 280,442,755 shares outstanding. The shares to be sold were acquired as a stock award from Third Federal on December 10, 2023.

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Shares to be sold 10,000 shares Common stock covered by the Rule 144 notice for sale
Aggregate market value of shares to be sold $175,700 Reported value of the 10,000 common shares referenced in the filing
Shares outstanding of class 280,442,755 shares Outstanding common shares of the same class as of the filing’s securities table
Date shares acquired December 10, 2023 Acquisition date of the 10,000 shares as a stock award from Third Federal
Date of notice September 4, 2026 Date the Rule 144 notice was filed
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
stock award financial
"Common Stock | 12/10/2023 | Stock award | Third Federal"
attorney-in-fact regulatory
"as attorney-in-fact for Marc Stefanski"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What insider sale is disclosed for TFSL in this Form 144?

The filing reports that a trust associated with director Marc A. Stefanski intends to sell 10,000 shares of TFS Financial CORP common stock under Rule 144 through Fidelity Brokerage Services LLC on NASDAQ.

What is the approximate market value of the TFSL shares planned for sale?

The 10,000 TFSL common shares referenced in the Form 144 have an aggregate market value of about $175,700, based on the figures reported in the filing.

Who is the beneficial owner of the TFSL shares being sold under this Form 144?

The shares are being sold from the ASHLEY H STEFANSKI TRUST U/A 7/26/13 for the account of Marc A. Stefanski, who is identified as a director of TFS Financial CORP.

How many TFSL shares are outstanding in the same class as those being sold?

The class of TFS Financial CORP common stock referenced in the Form 144 has 280,442,755 shares outstanding, according to the filing’s securities information table.

When and how were the TFSL shares to be sold originally acquired?

The 10,000 TFSL common shares to be sold were acquired as a stock award from Third Federal on December 10, 2023, as disclosed in the securities-to-be-sold section.

Who signed the TFSL Form 144 and in what capacity?

The notice is signed by Audrey Skillern as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Marc Stefanski.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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