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TFS Financial CORP (NASDAQ:TFSL), a $3.8 billion market cap financial company currently trading at $13.70, saw its Chairman, President, and CEO Marc A. Stefanski sell 7,200 shares of common stock at $14.17 on August 29, 2025. The total value of the transaction amounted to $102,024. According to InvestingPro analysis, the stock appears to be trading above its Fair Value with a high P/E ratio of 46.6x.
Following the transaction, Stefanski indirectly holds 0 shares through POA on siblings IRA, 93429 shares directly, 24700 shares by spouse, 37150 shares as Trustee for daughter’s trust, 20389 as Trust Beneficiary, 54738 shares as Trustee for sibling trust, 10916 shares BY ESOP, 111398 shares By 401(k). Notably, the company maintains an impressive 8% dividend yield and has consistently paid dividends for 12 consecutive years.
Stefanski also holds derivative securities, including 40,400 Restricted Stock Units, 13,400 Restricted Stock Units, 27,134 Restricted Stock Units, 36,180 Performance Restricted Share Units, 33,400 Restricted Stock Units, 35,700 Restricted Stock Units, 693,048 Restricted Stock Units and 196,700 Employee Stock Options. InvestingPro subscribers can access additional insights, including 6 more key tips about TFSL’s financial health and growth prospects.
In other recent news, TFS Financial Corporation announced that its majority owner, Third Federal Savings and Loan Association of Cleveland, MHC, received shareholder approval to waive dividends for the next twelve months. This waiver includes dividends aggregating up to $1.13 per share, which are expected to be declared through July 8, 2026. The approval was given during a special meeting where 59% of eligible members participated, and 97% of those votes were in favor of the proposal. The MHC holds an 81% majority ownership of TFS Financial, highlighting its significant influence over the company’s decisions. These developments are part of the company’s recent strategic moves.
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