TFS Financial CFO Weil sells $205,500 in shares

Published 04/09/2025, 16:10
TFS Financial CFO Weil sells $205,500 in shares

Weil Meredith S, Chief Financial Officer of TFS Financial Corp (NASDAQ:TFSL), sold 15,000 shares of common stock on September 2, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $13.70, for a total transaction value of $205,500. The transaction occurred near the stock’s 52-week high of $14.99, with TFS Financial currently maintaining a market capitalization of $3.8 billion and offering an attractive dividend yield of 8.27%.

Following the transaction, Weil directly owns 63,527 shares of TFS Financial Corp . Weil also indirectly owns 364 shares by 401(k) and 538 shares BY ESOP.

In addition, Weil holds Performance Restricted Share Units for 19,170 underlying shares, Restricted Stock Units for 16,600 shares, Restricted Stock Units for 9,600 shares, Restricted Stock Units for 4,734 shares and Restricted Stock Units for 3,600 shares. Weil also holds options to buy 187,500 shares at $14.74, options to buy 54,400 shares at $19.31, and options to buy 24,200 shares at $19.06.

In other recent news, shareholders of TFS Financial have approved a waiver of dividends on the company’s common stock for the next twelve months. This decision was made by members of Third Federal Savings and Loan Association of Cleveland, MHC, which holds a majority stake in TFS Financial Corporation. The waiver covers dividends up to $1.13 per share, to be declared through July 8, 2026. The approval came during a special meeting where 59% of eligible members participated, and 97% of those votes were in favor of the proposal. The MHC currently holds an 81% majority ownership in TFS Financial. These developments reflect recent decisions impacting the company’s financial strategies.

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