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.

Available on EDGAR 09/25/2026 - 01:40 PM EDT Accepted by SEC EDGAR 09/25/2026 - 01:39 PM EDT Learn about SEC filing dates

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 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.

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)

1. 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.
2. 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.

FAQ

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

How many TSBK shares did director Parul Bhandari have withheld?

She reported 51 shares withheld at $44.82 per share on September 23, 2025, and 58 shares at $45.10 per share on September 24, 2026.

Why were TSBK shares withheld, and when did the related stock vest?

The footnotes state the shares were withheld at Parul Bhandari’s election so Timberland Bancorp could pay state and federal tax authorities for her account. The footnote linked to 51 shares says the related restricted stock vested September 23, 2026, while that transaction row is dated September 23, 2025; the footnote linked to 58 shares says vesting occurred September 24, 2026.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Bhandari Parul

(Last) (First) (Middle)

1775 I STREET NW

SUITE 910

(Street)

WASHINGTON DISTRICT OF COLUMBIA 20006

(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)
09/23/2025

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)	09/23/2025		F		51	D	$44.82	1,894	D
Common Stock, $.01 par value(2)	09/24/2026		F		58	D	$45.1	1,836	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 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.

2. 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.

	/s/Cheryl Parks, Power of Attorney for Parul Bhandari	09/25/2026
	** 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)