Timberland Bancorp (TSBK) director sells 1,000 shares, exercises 1,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Timberland Bancorp director David Alan Smith reported an option exercise and share sale. On June 23, 2026, he exercised stock options to acquire 1,000 shares of common stock at $15.67 per share and, the same day, sold 1,000 shares in an open-market transaction at $43.90 per share. Following these transactions, he directly owns 18,468 shares of Timberland Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($43,900)
Net Sell
3 txns
Insider
SMITH DAVID ALAN
Role
null
Sold
1,000 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 1,000 | $0.00 | -- |
| Exercise | Common Stock, $.01 par value | 1,000 | $15.67 | $16K |
| Sale | Common Stock, $.01 par value | 1,000 | $43.90 | $44K |
Holdings After Transaction:
Stock Options (Right to Buy) — 6,000 shares (Direct, null);
Common Stock, $.01 par value — 19,468 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,000 shares
Sale price: $43.90 per share
Shares acquired via exercise: 1,000 shares
+3 more
6 metrics
Shares sold
1,000 shares
Open-market sale on June 23, 2026
Sale price
<money>$43.90</money> per share
Open-market sale of common stock
Shares acquired via exercise
1,000 shares
Option exercise on June 23, 2026
Exercise price
<money>$15.67</money> per share
Stock option exercise
Shares owned after transactions
18,468 shares
Common stock directly owned after June 23, 2026
Net shares sold
1,000 shares
transactionSummary netBuySellShares
Key Terms
open-market sale, derivative exercise/conversion, Stock Options (Right to Buy), Common Stock, $.01 par value
4 terms
open-market sale financial
"transaction_action: "open-market sale" for the 1,000-share disposition"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for the option exercise"
Stock Options (Right to Buy) financial
"security_title: "Stock Options (Right to Buy)" in the derivative entry"
Common Stock, $.01 par value financial
"security_title: "Common Stock, $.01 par value" in non-derivative entries"
FAQ
What insider transactions did Timberland Bancorp (TSBK) director David Alan Smith report?
David Alan Smith reported two transactions on June 23, 2026. He exercised stock options to acquire 1,000 Timberland Bancorp common shares at $15.67 each and sold 1,000 common shares in an open-market trade at $43.90 per share.
What stock option exercise did the Timberland Bancorp (TSBK) director report?
He exercised stock options representing 1,000 underlying Timberland Bancorp common shares. The exercise price disclosed was $15.67 per share, converting the option position into directly held common stock on June 23, 2026.
What does the Form 4 say about the type of sale by the Timberland Bancorp (TSBK) director?
The filing characterizes the 1,000-share disposition as an open-market sale. It uses transaction code “S,” described as a sale in an open market or private transaction, with a reported sale price of $43.90 per share.