STOCK TITAN

Timberland Bancorp (TSBK) Form 144 Files Proposed 7,000-Share Sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice for Timberland Bancorp Inc (TSBK) reports a proposed sale of 7,000 common shares through Raymond James & Associates on 08/18/2025 with an aggregate market value of $227,290. The shares were acquired the same day as equity compensation from the issuer and paid in cash. The filing also discloses a recent sale of 152 shares on 06/16/2025 for $4,502. The filer represents they are not aware of any undisclosed material adverse information about the issuer.

Positive

  • Compliance disclosure: Form 144 provides required details including broker, amount, acquisition method, and recent sales
  • Transaction fully documented: Acquisition listed as equity compensation with payment method and matching dates

Negative

  • Insider selling: Proposed sale of 7,000 shares by a person associated with the issuer indicates insider disposition of equity

Insights

TL;DR Insider plan to sell 7,000 shares (acquired as equity comp) is disclosed; size is small relative to outstanding shares.

This Form 144 shows a proposed sale of 7,000 common shares valued at $227,290 to be executed through Raymond James on 08/18/2025. The shares were recorded as acquired on the same date via equity compensation and paid in cash. The filing also lists a prior small sale of 152 shares on 06/16/2025 for $4,502. Given the issuer's outstanding share count of 7,900,000, the proposed sale represents roughly 0.09% of outstanding shares, which is immaterial to capitalization but is relevant for transparency and insider activity monitoring.

TL;DR Disclosure aligns with Rule 144 requirements; documentation indicates compliance but highlights insider selling activity.

The notice contains required information: class of securities, broker, amount, market value, acquisition details, and recent sales. The shares were identified as equity compensation from the issuer with cash payment recorded. The signer attests no undisclosed material adverse information. From a governance perspective the form meets procedural standards for reporting an insider sale under Rule 144.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filed for TSBK report?

The filing reports a proposed sale of 7,000 common shares through Raymond James with an aggregate market value of $227,290 to occur on 08/18/2025.

How were the 7,000 shares acquired according to the filing?

The filing states the shares were acquired on 08/18/2025 as equity compensation from the issuer and payment was in cash.

How large is the proposed sale relative to outstanding shares of TSBK?

The filing lists 7,900,000 shares outstanding, so the 7,000-share sale represents about 0.09% of outstanding shares.

Were there any recent sales by the same person disclosed?

Yes. The filing discloses a sale of 152 shares on 06/16/2025 for $4,502.

Does the filer assert any undisclosed material information?

The filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.