Timberland Bancorp director has 58 shares withheld
The footnotes say the withheld shares were designated for state and federal tax payments related to restricted-stock vesting.
Rhea-AI Filing Summary
Timberland Bancorp Inc director Parul Bhandari reported direct withholding of 51 common shares at $44.82 per share on September 23, 2025, and 58 shares at $45.10 per share on September 24, 2026, for tax payments. The footnote linked to the 51 shares describes restricted stock vesting on September 23, 2026, while its transaction row is dated September 23, 2025; the 58-share footnote gives a September 24, 2026 vesting date. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 109 shares
Tax Withholding
2 txns
Insider
Bhandari Parul
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $.01 par value F2 | 58 | $45.10 | $3K |
| Tax Withholding | Common Stock, $.01 par value F1 | 51 | $44.82 | $2K |
Holdings After Transaction:
Common Stock, $.01 par value — 1,836 shares (Direct)
Footnotes (2)
- F1. As previously reported 233 shares of restricted stock vested on September 23, 2026, of which 51 shares were withheld al 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.
- F2. As previously reported 215 shares of restricted stock vested on September 24, 2026, of which 58 shares were withheld al 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.
Key Figures
Shares withheld for tax payment: 51 shares
Price per share: $44.82 per share
Shares withheld for tax payment: 58 shares
+1 more
4 metrics
Shares withheld for tax payment
51 shares
Transaction row dated September 23, 2025
Price per share
$44.82 per share
Transaction row dated September 23, 2025
Shares withheld for tax payment
58 shares
Transaction row dated September 24, 2026
Price per share
$45.10 per share
Transaction row dated September 24, 2026
Key Terms
restricted stock, tax liability, Rule 10b5-1 plan
3 terms
restricted stock financial
"233 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"
Rule 10b5-1 plan regulatory
"no Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
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