Timberland Bancorp: 195 director shares withheld for tax

The 195-share withholding was taken from restricted stock reported as vested on September 26, 2026, and the issuer paid the shares' value to tax authorities.

The filer has since corrected this document, so the figures below are the ones originally reported and some of them may have changed. Read the amended Form 4/A for what the company says now.

Rhea-AI Filing Summary

Timberland Bancorp Inc. director Robert A. Drugge had 195 shares withheld on September 28, 2026, for payment of tax liability, at a reported $45.41 per share. The shares were withheld at his election from 200 shares of restricted stock that vested on September 26, 2026; the issuer paid their value to state and federal tax authorities for his account.

Insider Trade Summary

Tax Withholding: 195 shares

Tax Withholding 2 txns

Insider DRUGGE ROBERT A

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, $.01 par value F1	195	$45.41	$9K
holding	Common Stock, $.01 par value F2	--	--	--

Holdings After Transaction: Common Stock, $.01 par value — 44,823 shares (Direct)

Footnotes (2)

1. F1. As previously reported 200 shares of restricted stock vested on September 26, 2026 of which 195 shares were withheld at the election of the Reporting Person for Issuer to pay the value of the vested shares to state and federal tax authorities for the Reporting Person's account.
2. F2. Shares held directly through an IRA.

Key Figures

Shares withheld for tax liability: 195 shares Reported price per share: $45.41 per share Restricted shares vested: 200 shares

3 metrics

Shares withheld for tax liability 195 shares September 28, 2026

Reported price per share $45.41 per share Withheld shares reported for September 28, 2026

Restricted shares vested 200 shares September 26, 2026

Key Terms

restricted stock, tax liability, IRA

3 terms

restricted stock financial

"200 shares of restricted stock vested"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

tax liability financial

"Payment of tax liability by delivering or withholding securities"

IRA financial

"Shares held directly through an IRA"

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

FAQ

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

How many TSBK shares did Robert A. Drugge have withheld for taxes?

Robert A. Drugge had 195 shares withheld on September 28, 2026, for payment of tax liability. The footnote says the shares were withheld at his election from 200 restricted shares vested on September 26, 2026, and that the issuer paid their value to state and federal tax authorities for his account.

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

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Available on EDGAR 10/02/2026 - 02:17 PM Accepted by SEC EDGAR 10/02/2026 - 02:16 PM Learn about SEC filing dates

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).

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^*

DRUGGE ROBERT A

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/28/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.01 par value(1)	09/28/2026		F		195	D	$45.41	38,050	D
Common Stock, $.01 par value								6,773(2)	D

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. As previously reported 200 shares of restricted stock vested on September 26, 2026 of which 195 shares were withheld at the election of the Reporting Person for Issuer to pay the value of the vested shares to state and federal tax authorities for the Reporting Person's account.

2. Shares held directly through an IRA.

	/s/Cheryl Parks, Power of Attorney for Robert A. Drugge	10/02/2026
	** 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.
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)