Insider Trading February 23, 2026

TFS Financial Executive Disposes $104,790 in Stock as Company Posts Modest Q1 Miss

Chief Experience Officer Gavin B. Stefanski reduces stake while company reports EPS and revenue below expectations amid year-over-year revenue growth

By Avery Klein TFSL
TFS Financial Executive Disposes $104,790 in Stock as Company Posts Modest Q1 Miss
TFSL

Gavin B. Stefanski, Chief Experience Officer of TFS Financial CORP (NASDAQ:TFSL), executed a sale of 7,000 shares on February 20, 2026, at $14.97 per share for proceeds of $104,790. The transaction follows a 22.9% share price increase over the last year, alongside an InvestingPro assessment that the stock is overvalued relative to a Fair Value of $12.18. Separately, TFS Financial reported first-quarter results that missed analyst estimates on both EPS and revenue for the period ending December 31, 2025, while delivering double-digit year-over-year revenue growth.

Key Points

  • Gavin B. Stefanski sold 7,000 TFS Financial shares at $14.97 on February 20, 2026, for $104,790 in proceeds.
  • Following the sale, Stefanski retains direct ownership of 775 shares, indirect ownership of 25,766 shares in trust and 3,729 shares via ESOP, alongside multiple RSU grants and fully vested options.
  • TFS Financial reported Q1 results for the period ending December 31, 2025: EPS of $0.08 vs. $0.09 estimate and revenue of $83.73 million vs. $84.97 million consensus, while revenue rose 10.83% year-over-year.

Transaction details

Gavin B. Stefanski, who serves as Chief Experience Officer at TFS Financial CORP (NASDAQ:TFSL), sold 7,000 shares of the company's common stock on February 20, 2026, at a price of $14.97 per share. The sale generated total proceeds of $104,790. The trade occurred against a backdrop in which TFSL shares have appreciated 22.9% over the past year.

Insider holdings after the sale

After completing the disposition, Stefanski directly holds 775 shares of TFS Financial CORP. In addition to that direct holding, he indirectly owns 25,766 shares held in trust and 3,729 shares through an Employee Stock Ownership Plan (ESOP). His remaining equity-linked compensation includes multiple Restricted Stock Unit (RSU) grants and stock option rights: 8,600 RSUs that vest in three equal annual installments beginning December 10, 2026; 2,867 RSUs vesting in three equal annual installments beginning December 10, 2025; and 15,000 RSUs scheduled to fully vest on December 10, 2026. Stefanski also holds options to purchase 5,000 common shares at an exercise price of $14.62, and those options fully vested on December 10, 2020.

Valuation context

Separately from Stefanski's trade, InvestingPro analysis cited in company disclosures indicates that TFSL is trading above its assessed Fair Value of $12.18. The current market environment for the stock includes a dividend yield of 7.51% and a reported price-to-earnings ratio of 44.91.

Recent financial results

TFS Financial Corporation reported first-quarter results for the period ending December 31, 2025, that fell short of consensus expectations. The company recorded earnings per share of $0.08, compared with the analyst estimate of $0.09. Revenue for the quarter totaled $83.73 million, versus a consensus forecast of $84.97 million. On a year-over-year basis, revenue rose by 10.83% compared to the same quarter in the prior year.

Market and analyst reaction

The combination of Stefanski's partial share sale, the InvestingPro valuation gap, and the company's quarter that missed analyst estimates has drawn attention from investors and market watchers. The earnings and revenue shortfalls have prompted questions among analysts about the company's near-term performance, even as management reports continued year-over-year revenue growth.


Note: The article presents reported transaction details, company metrics and quarterly results as disclosed.

Risks

  • The company missed analyst expectations on both EPS and revenue for the quarter ending December 31, 2025 - this could affect investor sentiment in the banking and financial services sector.
  • InvestingPro analysis indicates TFSL is trading above its Fair Value of $12.18, suggesting valuation risk for equity investors in the company.
  • High P/E of 44.91 and dependence on dividend yield (7.51%) may expose income-oriented investors to market and valuation volatility in the regional banking and financial services fields.

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