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TFS Financial officer plans $170K stock sale

Officer Bradley T. Stefanski filed a Rule 144 notice to sell 10,000 TFSL common shares valued at about $170,400.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TFS Financial CORP (TFSL) received a notice that officer Bradley T. Stefanski intends to sell common stock under Rule 144. The planned transaction covers 10,000 shares through Fidelity Brokerage Services LLC, with an indicated aggregate value of $170,400, and references 280,442,755 shares outstanding as context.

The shares to be sold were acquired as a stock award dated October 10, 2016 from Third Federal. The notice is signed by Audrey Skillern as a duly authorized representative of Fidelity, acting as attorney-in-fact for Bradley Stefanski.

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Shares to be sold 10,000 shares Common stock covered by the Rule 144 notice for Bradley T. Stefanski
Aggregate sale value $170,400 Indicated total value for 10,000 TFSL shares under the notice
Implied per-share price $17.04 per share Aggregate sale value of $170,400 divided by 10,000 shares
Shares outstanding 280,442,755 shares TFSL common shares listed as outstanding in connection with the notice
Shares acquisition date October 10, 2016 Date of stock award through which the 10,000 shares were acquired
Planned sale date reference September 10, 2026 Date referenced in the securities information and signature block
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.
attorney-in-fact regulatory
"as attorney-in-fact for Bradley 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.
Common Stock financial
"Common Stock | Fidelity Brokerage Services LLC"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
stock award financial
"10/10/2016 | Stock Award | Third Federal"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for TFSL?

It discloses that officer Bradley T. Stefanski intends to sell 10,000 shares of TFS Financial CORP common stock under Rule 144 through Fidelity Brokerage Services LLC, with an indicated aggregate value of $170,400.

How many TFS Financial (TFSL) shares are covered by this Rule 144 notice?

The notice covers 10,000 shares of TFS Financial CORP common stock. These shares are to be sold for the account of officer Bradley T. Stefanski via Fidelity Brokerage Services LLC.

What is the estimated value of the TFSL shares in this Form 144?

The filing shows an aggregate value of $170,400 for the 10,000 shares of TFSL common stock covered by the Rule 144 notice, implying an indicated price of about $17.04 per share.

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

The 10,000 shares to be sold were acquired on October 10, 2016 as a stock award from Third Federal, according to the acquisition information in the Form 144 notice.

How many TFS Financial (TFSL) shares are outstanding according to the notice?

The notice lists 280,442,755 shares of TFSL common stock as outstanding in connection with the planned Rule 144 sale of 10,000 shares. This figure provides context for the relative size of the intended sale.

Who is executing the planned TFSL share sale and on what market?

The planned sale of 10,000 TFSL shares is to be executed through Fidelity Brokerage Services LLC, with the shares listed for trading on NASDAQ, as indicated in the Rule 144 notice.

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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