[Form 4] TIMBERLAND BANCORP INC Insider Trading Activity

Rhea-AI Filing Summary

Marci A. Basich, Chief Financial Officer and EVP of Timberland Bancorp Inc. (TSBK), reported an insider award and ownership update. On 09/23/2025 she was granted a Restricted Stock Award of 2,000 shares that will vest equally over five years. Following the reported transaction she directly beneficially owned 4,800 shares. Additionally, she has an indirect interest of 12,384 shares held through the Timberland Bank Employee Stock Ownership and 401(k) Plan (KSOP).

Insights

Securities Analyst

TL;DR: Officer received a time‑vested restricted stock award increasing direct holdings; transaction is routine for executive compensation.

The 2,000‑share restricted stock grant on 09/23/2025 vests equally over five years, indicating a multi‑year retention schedule for the reporting officer. The filing shows direct beneficial ownership of 4,800 shares after the award and an indirect holding of 12,384 shares via the KSOP plan. This Form 4 discloses compensation‑related equity, not an open market purchase or sale.

Corporate Governance Expert

TL;DR: Equity grant documented under Section 16 rules; standard required disclosure completed by power of attorney.

The Form 4 is signed by a power of attorney on behalf of Marci A. Basich and reports a restricted stock award (2,000 shares) with scheduled vesting over five years. It also separately reports indirect ownership of 12,384 shares held in the company KSOP plan. The filing meets disclosure obligations for changes in beneficial ownership by an officer.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider BASICH MARCI A

Role Chief Financial Officer/EVP

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $.01 par value per share	2,000	$0.00	--
holding	Common Stock, $.01 par value per share	--	--	--

Holdings After Transaction: Common Stock, $.01 par value per share — 4,800 shares (Direct); Common Stock, $.01 par value per share — 12,384 shares (Indirect, By KSOP)

Footnotes (1)

1. Restricted Stock Award was granted on 9/23/2025. These shares will vest equally over 5 years. Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP")

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BASICH MARCI A

(Last) (First) (Middle)

624 SIMPSON AVENUE

(Street)

HOQUIAM WA 98550

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TIMBERLAND BANCORP INC [ TSBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer/EVP

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.01 par value per share(1)	09/23/2025		A		2,000	A	$0	4,800	D
Common Stock, $.01 par value per share								12,384	I	By KSOP(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted Stock Award was granted on 9/23/2025. These shares will vest equally over 5 years.

2. Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP")

	/s/Cheryl Parks, Power of Attorney for Marci A. Basich	09/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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