Timberland Bancorp (TSBK) CTO sells 269 shares at $45.44
Rhea-AI Filing Summary
Breanne D. Antich, Chief Technology Officer and EVP of Timberland Bancorp, reported a sale of 269 shares of common stock on August 1, 2026 at $45.44 per share. After the sale, she directly holds 3,920 shares and has 4,174 shares held indirectly through the Timberland Bank Employee Stock Ownership and 401(k) Plan (KSOP). A related footnote states these shares were granted as a Restricted Stock Award on September 24, 2024 that vests equally over five years.
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Insider Trade Summary
Net Seller: 269 shares
Net Sell
2 txns
Insider
Antich Breanne D
Role
Chief Technology Officer/EVP
Sold
269 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value per share F1 | 269 | $45.44 | $12K |
| holding | Common Stock, $.01 par value per share F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $.01 par value per share — 3,920 shares (Direct);
Common Stock, $.01 par value per share — 4,174 shares (Indirect, By KSOP)
Footnotes (2)
- F1. Restricted Stock Award was granted on 9/24/2024. These shares will vest equally over 5 years.
- F2. Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP")
Key Figures
Shares sold: 269 shares
Sale price: $45.44 per share
Direct holdings after sale: 3,920 shares
+3 more
6 metrics
Shares sold
269 shares
Common stock sale on August 1, 2026
Sale price
$45.44 per share
Price for 269 Timberland Bancorp shares sold
Direct holdings after sale
3,920 shares
Directly owned Timberland Bancorp common stock post-transaction
Indirect KSOP holdings
4,174 shares
Shares held indirectly through Timberland Bank Employee Stock Ownership and 401(k) Plan
Restricted stock grant date
September 24, 2024
Restricted Stock Award related to these shares
Restricted stock vesting
5 years
Shares from the award vest equally over this period
Key Terms
Restricted Stock Award, Employee Stock Ownership and 401(k) Plan, indirect ownership, KSOP
4 terms
Restricted Stock Award financial
"Restricted Stock Award was granted on 9/24/2024."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Employee Stock Ownership and 401(k) Plan financial
"Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan"
indirect ownership financial
"total_shares_following_transaction 4,174.0000 with indirect ownership by KSOP"
KSOP financial
"Plan ("KSOP")"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Timberland Bancorp (TSBK) report for Breanne D. Antich?
Breanne D. Antich reported a sale of 269 shares of Timberland Bancorp common stock on August 1, 2026 at $45.44 per share. The transaction reflects a net decrease of 269 shares in her directly held position.
What does the restricted stock award footnote mean in the Timberland Bancorp (TSBK) Form 4?
A footnote explains that the reported shares were granted as a Restricted Stock Award on September 24, 2024. The award’s shares vest equally over five years, providing time-based vesting rather than immediate full ownership.
How are Breanne D. Antich’s indirect Timberland Bancorp (TSBK) holdings structured?
Her indirect holdings of 4,174 shares are held through the Timberland Bank Employee Stock Ownership and 401(k) Plan (KSOP). The Form 4 identifies this as indirect ownership, distinguishing it from her directly held common stock.