Timberland Bancorp holder plans $91K share sale

TIMBERLAND BANCORP INC (TSBK) received a notice under Rule 144 that Robert A. Drugge intends to sell restricted or control shares.

Rhea-AI Filing Summary

TIMBERLAND BANCORP INC (TSBK) received a notice under Rule 144 that Robert A. Drugge intends to sell restricted or control shares. The planned transaction involves 2,000 shares of common stock, with an indicated aggregate market value of $91,740.00, on or after 08/18/2026.

The shares are to be sold through Raymond James & Associates, Inc. on Nasdaq, with the sale funded by exercising options for cash. The notice also reports that 7,780,000 shares of Timberland Bancorp common stock are outstanding.

Key Figures

Shares to be sold: 2,000 shares Aggregate market value of proposed sale: $91,740.00 Shares outstanding: 7,780,000 shares +2 more

5 metrics

Shares to be sold 2,000 shares Common stock proposed to be sold under Rule 144

Aggregate market value of proposed sale $91,740.00 Estimated market value of 2,000 shares of common stock

Shares outstanding 7,780,000 shares Common shares of TIMBERLAND BANCORP INC reported as outstanding

Planned sale date 08/18/2026 Indicated date for the proposed Rule 144 sale and option exercise

Securities type Common stock via options exercised for cash Form 144 indicates options as the source of the shares

Key Terms

Rule 144, attorney-in-fact, restricted or control securities

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

attorney-in-fact regulatory

"as attorney-in-fact for Robert A Drugge"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

restricted or control securities regulatory

"the securities are to be sold for the account of the person filing this notice under Rule 144"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for TIMBERLAND BANCORP INC (TSBK)?

The filing indicates that Robert A. Drugge plans to sell 2,000 shares of TSBK common stock under Rule 144. This is a notice of a potential future sale of restricted or control securities, not a report that the sale has already occurred.

How many TIMBERLAND BANCORP INC (TSBK) shares are proposed to be sold?

The notice covers a proposed sale of 2,000 shares of TSBK common stock. These shares are associated with options that are expected to be exercised for cash, with the sale date indicated as 08/18/2026 on Nasdaq through Raymond James & Associates.

What is the approximate value of the TIMBERLAND BANCORP INC (TSBK) shares in this Form 144?

The filing lists an aggregate market value of $91,740.00 for the 2,000 shares to be sold. This gives an implied per-share value at the time of the notice, though actual trade prices on or after 08/18/2026 may differ.

How many TIMBERLAND BANCORP INC (TSBK) shares are outstanding according to this filing?

The Form 144 states that 7,780,000 shares of TSBK common stock are outstanding. This figure provides context for the size of the proposed 2,000-share sale, which represents a very small portion of total shares outstanding.

Who is the broker and how will the TIMBERLAND BANCORP INC (TSBK) sale be executed?

The broker listed is Raymond James & Associates, Inc., based in St. Petersburg, Florida. The filing indicates the shares will come from options exercised for cash with a planned sale date of 08/18/2026 on Nasdaq.

Who is the person filing to sell TIMBERLAND BANCORP INC (TSBK) shares under Rule 144?

The person for whose account the securities are to be sold is Robert A. Drugge. The Form 144 is signed by a representative of Raymond James & Associates, Inc. acting as attorney-in-fact for Robert A. Drugge.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/18/2026 - 12:23 PM Accepted by SEC EDGAR 08/18/2026 - 12:23 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001359311
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	TIMBERLAND BANCORP INC
SEC File Number	000-23333
Address of Issuer	624 SIMPSON AVE HOQUIAM WASHINGTON 98550
Phone	3605334747
Name of Person for Whose Account the Securities are To Be Sold	DRUGGE ROBERT A
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Raymomd James and Associates 880 Carillon Parkway St. Petersburg FL 33716	2000	91740.00	7780000	08/18/2026	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/18/2026	Options	Issuer			2000	08/18/2026	Cash

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	08/18/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Rashida Mitchell, as duly authorized representative of Raymond James & Associates, Inc., as attorney-in-fact for Robert A Drugge
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)