STOCK TITAN

Timberland Bancorp (TSBK) director sells 1,000 shares, exercises 1,000

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
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
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"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SMITH DAVID ALAN

(Last)(First)(Middle)
624 SIMPSON AVENUE

(Street)
HOQUIAM WASHINGTON 98550

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TIMBERLAND BANCORP INC [ TSBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, $.01 par value06/23/2026M1,000A$15.6719,468D
Common Stock, $.01 par value06/23/2026S1,000D$43.918,468D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (Right to Buy)$15.6706/23/2026M1,00009/27/202109/27/2026Common Stock1,000$06,000D
Explanation of Responses:
/s/ Cheryl Parks, Power of Attorney for David Alan Smith06/24/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Timberland Bancorp (TSBK) shares did the director sell and at what price?

He sold 1,000 shares of Timberland Bancorp common stock. The sale was an open-market transaction at a reported price of $43.90 per share, according to the Form 4 insider trading disclosure filed for June 23, 2026.

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.

How many Timberland Bancorp (TSBK) shares does David Alan Smith own after these transactions?

After completing the June 23, 2026 transactions, David Alan Smith directly owns 18,468 shares of Timberland Bancorp common stock. This total reflects his position immediately following the reported exercise and sale activity.

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.