Marc Stefanski, TFS Financial CEO, sells $172,800 in company stock By Investing.com
- Investing
Ramit Sethi- 3 minutes read
Marc A. Stefanski, Chairman, President and CEO of TFS Financial Corp. (), recently sold 10,000 shares of the company’s common stock for a total value of $172,800. The shares were sold at a price of $17.28 each on September 8, 2026.
The sale comes as TFSL trades near $17.08, following a strong 31% gain over the past six months. The stock currently trades at a P/E ratio of 47.39, and InvestingPro analysis suggests the company is overvalued relative to its Fair Value. Notably, TFSL offers investors a dividend yield of 7.45%, with InvestingPro data showing 13 consecutive years of dividend payments.
Following this sale, Mr. Stefanski’s total beneficial ownership of TFS Financial common stock stands at 328,921 shares. This includes 77,570 shares held directly, which reflects a transfer of 7,073 shares on August 20, 2026, from his Grantor Retained Annuity Trust, changing their beneficial ownership from indirect to direct. His indirect holdings comprise 27,150 shares as a trustee for a daughter’s trust, 29,700 shares held by his spouse, 13,316 shares as a trust beneficiary, 54,738 shares as a trustee for a sibling trust, 11,389 shares through an Employee Stock Ownership Plan (ESOP), and 115,058 shares through a 401(k) plan. The ESOP and 401(k) holdings reflect transactions not required to be reported under Section 16 of the Securities Exchange Act.
Mr. Stefanski also holds various derivative securities, including 1,078,449 restricted stock units (RSUs) and performance restricted share units (PSUs). Each unit represents a contingent right to receive one share of TFS Financial common stock and includes dividend equivalent rights. These units are subject to various vesting schedules, with grant dates ranging from 2008 to 2025, and are primarily held directly. No acquisitions or dispositions of these derivative securities were reported in this filing.
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