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TFS Financial (TFSL) holders approve directors, pay and Deloitte as auditor

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(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

TFS Financial Corporation reported results of its annual stockholder meeting held in Cleveland, Ohio. Stockholders elected four directors — William C. Mulligan, Terrence R. Ozan, Marc A. Stefanski, and Daniel F. Weir — each to serve a three-year term expiring in 2029.

Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers, with 246,358,243 votes in favor, 19,330,400 against, and 467,730 abstentions, plus 8,339,933 broker non-votes. In addition, they ratified the selection of Deloitte & Touche LLP as independent accountant for the fiscal year ending September 30, 2026, with 273,474,526 votes for, 787,973 against, and 233,807 abstentions.

Positive

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Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
0001381668FALSE00013816682024-02-222024-02-22

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 26, 2026
 
TFS FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
 
United States of America 001-33390 52-2054948
(State or other jurisdiction
of incorporation)
 (Commission
File Number)
 (IRS Employer
Identification No.)
7007 Broadway Ave.,Cleveland,Ohio44105
(Address of principle executive offices)(Zip Code)
Registrant's telephone number, including area code (216) 441-6000
Not applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act
Title of each classTrading Symbol(s)Name of each exchange in which registered
Common Stock, par value $0.01 per shareTFSLThe NASDAQ Stock Market, LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o



Item 5.07 Submission of Matters to a Vote of Security Holders.
The Annual Meeting of the Stockholders of TFS Financial Corporation (the “Company”) was held on Thursday, February 26, 2026, in Cleveland, Ohio. For more information on the following proposals, see the Company's proxy statement on Schedule 14A filed with the SEC on January 14, 2026, the relevant portions of which are incorporated herein by reference.
The official ballot from the meeting, submitted to the Secretary by the Inspectors of Elections, disclosed the following tabulation of votes.
The stockholders elected four nominees for director, each to hold a three-year term and until his or her successor has been duly elected and appointed as follows:
DirectorsTerm ExpiresForAgainstAbstain
Broker
Non-Votes
William C Mulligan2029256,021,2659,794,786 340,3228,339,933
Terrence R Ozan2029264,671,2631,136,842 348,2688,339,933
Marc A Stefanski2029263,517,6212,428,228 210,5248,339,933
Daniel F Weir2029261,624,5934,184,973 346,8078,339,933

The stockholders conducted an advisory vote on the compensation of our named executive officers, and voted as follows:
ForAgainstAbstainBroker Non-Votes
246,358,24319,330,400467,7308,339,933

The stockholders ratified the selection of Deloitte & Touche LLP as the Company's independent accountant for the Company's fiscal year ending September 30, 2026, and voted as follows:
ForAgainstAbstainBroker Non-Votes
273,474,526787,973233,807


FORM 8-K EXHIBIT INDEX


Exhibit No.

104    Cover Page Interactive Data File (embedded within the Inline XBRL document)



SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
 
TFS FINANCIAL CORPORATION
(Registrant)
 
 
 
February 26, 2026By:   /s/ Meredith S. Weil 
  Meredith S. Weil 
  Chief Financial Officer 


FAQ

What did TFS Financial Corporation (TFSL) stockholders approve at the 2026 annual meeting?

Stockholders elected four directors for three-year terms and approved executive compensation on an advisory basis. They also ratified Deloitte & Touche LLP as independent accountant for the fiscal year ending September 30, 2026, confirming support for the company’s leadership and audit arrangements.

Which directors were elected at TFS Financial Corporation’s February 26, 2026 annual meeting?

Four directors were elected to terms expiring in 2029: William C. Mulligan, Terrence R. Ozan, Marc A. Stefanski, and Daniel F. Weir. Each will serve a three-year term and continue until a successor is duly elected and appointed under the company’s governance framework.

How did TFS Financial Corporation (TFSL) stockholders vote on executive compensation?

Stockholders supported the compensation of named executive officers, with 246,358,243 votes for, 19,330,400 against, and 467,730 abstentions, plus 8,339,933 broker non-votes. This advisory outcome indicates stockholder approval of the company’s current executive pay practices and policies.

Who is TFS Financial Corporation’s independent accountant for fiscal year ending September 30, 2026?

Stockholders ratified Deloitte & Touche LLP as the independent accountant, with 273,474,526 votes for, 787,973 against, and 233,807 abstentions. This ratification authorizes Deloitte & Touche LLP to audit the company’s financial statements for the fiscal year ending September 30, 2026.

Where is TFS Financial Corporation headquartered and on which exchange is TFSL listed?

TFS Financial Corporation is headquartered at 7007 Broadway Ave., Cleveland, Ohio 44105, with telephone (216) 441-6000. Its common stock, par value $0.01 per share, trades on The NASDAQ Stock Market LLC under the trading symbol TFSL.

What were the vote results for director William C. Mulligan at TFS Financial’s annual meeting?

William C. Mulligan received 256,021,265 votes for, 9,794,786 against, and 340,322 abstentions, with 8,339,933 broker non-votes. These results were sufficient for his election to a term expiring in 2029 on TFS Financial Corporation’s board of directors.

Filing Exhibits & Attachments

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