Form 4: TFS Financial Corp Executive Stefanski Gavin B Reports Transaction

Sentiment:

SEC Form 4


Gavin B Stefanski, Chief Experience Officer of TFS Financial Corp, reports a transaction involving common stock and restricted stock units.

Summary

  • On May 13, 2025, Gavin B Stefanski, Chief Experience Officer of TFS Financial Corp, reported a transaction.
  • The transaction involved the sale of 3,505 shares of common stock at a price of $13.47 per share.
  • Following the transaction, Stefanski directly owns 32,766 shares and indirectly owns 3,256 shares through an ESOP.
  • Stefanski also holds 4,300 restricted stock units (RSUs) granted on December 19, 2024, which vest in three equal annual installments beginning December 10, 2025.
  • Additionally, Stefanski holds 15,000 RSUs granted on March 4, 2024, which fully vest on December 10, 2026.
  • Stefanski also holds an employee stock option (right to buy) 5,000 shares of common stock at $14.62, granted on April 2, 2018, which fully vested on December 10, 2020.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice across all publicly traded companies.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in insider ownership.
  • Employees holding TFS Financial Corporation stock or options may be interested in the transaction details.

Key Dates

DateDescription
2018-04-02Reporting person received 5,000 stock options.
2020-12-10Stock options fully vest.
2024-03-04Reporting person received a grant of 15,000 Restricted Stock Units (RSUs).
2024-12-19Reporting person received a grant of 4,300 Restricted Stock Units (RSUs).
2025-05-13Reporting person sold 3,505 shares of common stock.
2025-12-10First vesting date for 4,300 RSUs.
2026-12-10Full vesting date for 15,000 RSUs.
2028-01-05Expiration date for employee stock option.

Keywords

Form 4, TFS Financial CORP, TFSL, Insider Trading, Gavin B Stefanski, Chief Experience Officer, Stock Sale, Restricted Stock Units, Stock Options, Beneficial Ownership

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