TFS Financial CORP executive sells 6,500 shares
TFS Financial CORP reported that Chief Experience Officer Gavin B. Stefanski sold 6,500 shares of common stock on August 5, 2026 at $18.35 per share in an open-market or private transaction, indirectly held in trust.
Rhea-AI Filing Summary
TFS Financial CORP reported that Chief Experience Officer Gavin B. Stefanski sold 6,500 shares of common stock on August 5, 2026 at $18.35 per share in an open-market or private transaction, indirectly held in trust. After the sale, he indirectly holds 19,266 shares in trust, plus 775 shares directly and 3,729 shares through an ESOP, along with several restricted stock unit grants and 5,000 stock options at a $14.62 exercise price expiring January 5, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,500 shares
Net Sell
7 txns
Insider
Stefanski Gavin B
Role
Chief Experience Officer
Sold
6,500 shs ($119K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,500 | $18.35 | $119K |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
| holding | Restricted Stock Units F2, F5 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F6 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,266 shares (Indirect, In Trust);
Restricted Stock Units — 26,467 contracts (Direct);
Employee Stock Option (right to buy) — 5,000 contracts (Direct);
Common Stock — 775 shares (Direct);
Common Stock — 3,729 shares (Indirect, ESOP)
Footnotes (6)
- F1. Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act, as amended.
- F2. Each restricted stock unit represents a contingent right to receive one share of TFS Financial Corporation common stock. Restricted 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.
- F3. On December 18, 2025, the reporting person received a grant of 8,600 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2026.
- F4. On December 19, 2024, the reporting person received a grant of 4,300 Restricted Stock Units (RSUs). These RSUs vest in three equal annual installments beginning December 10, 2025.
- F5. On March 4, 2024, the reporting person received a grant of 15,000 Restricted Stock Units (RSUs). These RSUs fully vest on December 10, 2026.
- F6. On April 2, 2018, the reporting person received 5,000 stock options. These options fully vest on December 10, 2020.
Key Figures
Common shares sold: 6500.0000 shares at $18.3500 per share
Indirect common shares after sale: 19266.0000 shares
Direct common shares: 775.0000 shares
+5 more
8 metrics
Common shares sold
6500.0000 shares at $18.3500 per share
Sale of Common Stock on 2026-08-05, indirectly held in trust
Indirect common shares after sale
19266.0000 shares
Common Stock held indirectly in trust following the 2026-08-05 sale
Direct common shares
775.0000 shares
Common Stock held directly as of the reporting date
ESOP common shares
3729.0000 shares
Common Stock held indirectly through an ESOP account
2025 RSU grant
8600.0000 Restricted Stock Units
RSUs granted 2025-12-18, vesting in three equal annual installments from 2026-12-10
2024 RSU grant
4300 Restricted Stock Units
RSUs granted 2024-12-19, vesting in three equal annual installments from 2025-12-10
2024 RSU grant (March)
15000.0000 Restricted Stock Units
RSUs granted 2024-03-04, fully vesting on 2026-12-10
Stock options
5000.0000 options at $14.6200 strike
Employee Stock Option (right to buy) expiring 2028-01-05
Key Terms
Restricted Stock Units, dividend equivalent rights, Employee Stock Option (right to buy), ESOP, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Restricted stock units are entitled to dividend equivalent rights in the form of a cash payment"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy) with an exercise price of $14.6200"
ESOP financial
"Common Stock held indirectly with nature of ownership noted as ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Section 16 of the Securities Exchange Act financial
"Reflects transactions not required to be reported under Section 16 of the Securities Exchange Act"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TFS Financial CORP (TFSL) report for Gavin B. Stefanski?
TFS Financial CORP reported that Chief Experience Officer Gavin B. Stefanski sold 6,500 shares of common stock on August 5, 2026 at $18.35 per share. The sale was of shares held indirectly in trust and categorized as an open-market or private transaction.
What restricted stock units (RSUs) does Gavin B. Stefanski hold in TFSL?
Gavin B. Stefanski holds RSU grants covering 8,600, 4,300, and 15,000 shares of TFS Financial common stock. Footnotes state these RSUs vest in installments beginning December 10, 2025 and December 10, 2026, with one grant fully vesting on December 10, 2026.
What stock options does Gavin B. Stefanski have in TFS Financial CORP (TFSL)?
He holds an Employee Stock Option for 5,000 shares of TFS Financial common stock with a $14.62 exercise price. According to the filing, these options were granted on April 2, 2018 and fully vest on December 10, 2020, expiring January 5, 2028.
How are Gavin B. Stefanski’s ESOP holdings in TFSL characterized?
The filing shows 3,729 TFS Financial CORP shares held indirectly through an ESOP. A footnote explains this line reflects transactions not required to be reported under Section 16, indicating the ESOP position incorporates such internal plan activity without separate transaction reporting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
