TFS Financial Corporation filings document the holding company structure for Third Federal Savings and Loan Association of Cleveland and the reporting obligations tied to its Nasdaq-listed common stock. The company’s 8-K reports cover quarterly operating results, financial-condition exhibits, dividend declarations, and other material events related to the savings and mortgage banking business.
Proxy and governance filings disclose director elections, executive compensation, shareholder voting results, and board matters. The filing record also documents the mutual holding company ownership structure, dividend-waiver matters, registered securities, officer transition disclosures, and capital-structure details relevant to the company’s public shares.
TFS Financial Corporation reports that members of Third Federal Savings and Loan Association of Cleveland, MHC, its mutual holding company, approved a proposed waiver of dividends aggregating up to $1.27 per share on the Company’s common stock for the twelve months ending July 7, 2027.
The MHC, which owns 81% of the Company, obtained member approval at a special meeting where 59% of total eligible votes were cast and 97% of those votes supported the waiver. After this approval, the MHC will file a notice and request for non-objection with the Federal Reserve Bank of Cleveland for the dividend waivers, and both the non-objection and its timing are described as unknown.
LaRocca James E reported acquisition or exercise transactions in this Form 4 filing.
TFS Financial CORP reported that Accounting and Finance Officer James E. LaRocca received a compensation-related equity grant. On June 29, 2026, he was awarded 4,600 Restricted Stock Units, each representing a contingent right to one share of TFS Financial common stock.
The footnotes state that these 4,600 RSUs fully vest on January 29, 2027. The RSUs also carry dividend equivalent rights, meaning the holder is entitled to cash payments equal to any cash dividends paid per share of common stock during the vesting period.
TFS Financial CORP filed an initial Form 3 for James E. LaRocca, who serves as an Accounting and Finance Officer. This filing establishes his status as an officer subject to insider reporting rules. The Form 3 does not list any buy, sell, or other share transactions, and no derivative holdings are reported in this excerpt.
Cathy W. Zbanek, Chief Synergy Officer of TFS Financial, exercised 67,500 stock options at $14.74 on June 15, 2026, receiving an equal number of common shares, and delivered 61,334 shares at $16.92 to satisfy option exercise and tax obligations. After these transactions she directly holds 74,985 common shares, 31,134 restricted stock units, and 79,400 stock options for common stock.
TFS Financial Corporation’s Chief Financial Officer, Meredith S. Weil, reported a combination of option exercises, tax-related share deliveries, and a modest open-market sale of common stock.
Weil exercised stock options to acquire 50,000 shares of common stock at $14.74 per share. Of these, 45,684 shares were delivered back to the issuer to cover the option exercise price and applicable withholding taxes, and 4,316 shares were sold in an open-market transaction at $16.80 per share. After these transactions, she directly holds 38,480 common shares and indirectly holds 386 shares through a 401(k). She also retains 57,500 employee stock options at an exercise price of $14.74, 54,400 options at $19.31, and multiple restricted and performance stock unit awards that each represent a contingent right to receive one share of common stock with dividend equivalent rights.
TFSL affiliate filed a Form 144 proposing the sale of 4,316 shares of Common Stock via a stock option exercise. The filing lists the proposed sale date as 06/11/2026 and a cash sale method. It also reports prior dispositions of 4,105 shares on 06/02/2026 and 13,756 shares on 05/11/2026.
TFS Financial CORP executive Cathy W. Zbanek, Chief Synergy Officer, exercised employee stock options for 60,000 shares of common stock at $14.74 per share on June 9, 2026. To cover the exercise price and tax obligations, 55,533 shares of common stock were disposed at $16.49 per share. Following these transactions, she directly holds 68,819 common shares, 146,900 employee stock options, and 31,134 restricted stock units, plus indirect holdings of 14,234 shares via an ESOP and 5,323 shares via a 401(k), as well as 12,400 performance share units and options on 79,400 shares at $19.31 expiring December 15, 2026.
TFS Financial CORP Chief Consumer Banking Officer Sandra M. Long exercised 5,000 stock options into common shares. The options were exercised at $14.74 per share, and 4,658 common shares at $16.33 per share were delivered back to the company to cover the option exercise price and related tax withholding.
After these compensation-related transactions, Long directly holds 25,076 common shares, plus indirect holdings of 1,513 shares through a 401(k) plan and 14,486 shares through an ESOP. She also retains unexercised options on 24,000 shares at a $12.94 exercise price expiring in 2034 and 8,000 restricted stock units that convert into common stock upon vesting.
TFS Financial Corporation’s Chief Accounting Officer, Susanne N. Miller, exercised employee stock options for 11,000 shares of common stock at $14.74 per share. According to the filing, these common shares were acquired upon the exercise and settlement of certain stock options.
Of the acquired shares, 10,248 shares of common stock at $16.33 per share were delivered back to the issuer to cover the option exercise price and related withholding taxes, a tax-withholding disposition rather than an open-market sale. After these transactions, she holds 20,109 common shares directly, plus indirect holdings in a 401(k) and an ESOP.
The filing also shows remaining equity awards: 18,000 employee stock options with a $12.94 exercise price expiring on March 4, 2034, and 6,000 restricted stock units that each represent a right to receive one share of common stock and carry dividend equivalent rights.
TFS Financial CORP Chief Financial Officer Meredith S. Weil reported an option exercise and related share dispositions. She exercised employee stock options for 80,000 shares of common stock at $14.74 per share, then delivered 75,895 shares to the issuer to cover the option exercise price and taxes and sold 4,105 shares in the open market at $15.91 per share. After these transactions, she holds 38,480 common shares directly and 386 shares indirectly through a 401(k), along with unexercised options for 54,400 shares at an exercise price of $19.31 and multiple restricted and performance stock unit awards tied to future vesting and performance conditions.