Timberland Bancorp CFO exercises options, sells shares

Timberland Bancorp Inc.’s Chief Financial Officer and Executive Vice President Marci A. Basich reported multiple stock option exercises and related share sales.

Rhea-AI Filing Summary

Timberland Bancorp Inc.’s Chief Financial Officer and Executive Vice President Marci A. Basich reported multiple stock option exercises and related share sales. On February 2, 2026, she exercised options for 2,000, 1,600, and 747 shares of common stock at exercise prices of $29.69, $31.80, and $28.23 per share, respectively, and sold 4,347 shares at $39.52 per share. On February 3, 2026, she exercised options for 376 shares at an exercise price of $28.23 per share and sold 376 shares at $39.50 per share. Following these transactions, she held 4,800 shares of common stock directly and 12,384 shares indirectly through the Timberland Bank Employee Stock Ownership and 401(k) Plan (KSOP).

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 11 txns

Insider BASICH MARCI A

Role Chief Financial Officer/EVP

Sold 4,723 shs ($187K)

Approx. gross sale proceeds $187K

Approx. exercise cost $142K

Type	Security	Shares	Price	Value
Exercise	Stock Options (Right to Buy)	376	$0.00	$0.00
Exercise	Common Stock, $.01 par value per share	376	$28.23	$11K
Sale	Common Stock, $.01 par value per share	376	$39.50	$15K
Exercise	Stock Options (Right to Buy)	2,000	$0.00	$0.00
Exercise	Stock Options (Right to Buy)	1,600	$0.00	$0.00
Exercise	Stock Options (Right to Buy)	747	$0.00	$0.00
Exercise	Common Stock, $.01 par value per share	2,000	$29.69	$59K
Exercise	Common Stock, $.01 par value per share	1,600	$31.80	$51K
Exercise	Common Stock, $.01 par value per share	747	$28.23	$21K
Sale	Common Stock, $.01 par value per share	4,347	$39.52	$172K
holding	Common Stock, $.01 par value per share	--	--	--

Holdings After Transaction: Stock Options (Right to Buy) — 13,677 contracts (Direct); Common Stock, $.01 par value per share — 4,800 shares (Direct); Common Stock, $.01 par value per share — 12,384 shares (Indirect, By KSOP)

Footnotes (2)

1. F1. Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP").
2. F2. Represents date options will be fully vested.

FAQ

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

What insider transactions did TSBK CFO Marci A. Basich report?

Marci A. Basich reported exercising stock options and selling shares. On February 2–3, 2026 she exercised several option grants into common stock and then sold 4,347 shares on February 2 and 376 shares on February 3 at prices around $39.50 per share.

How many Timberland Bancorp (TSBK) shares does the CFO hold after these trades?

After the reported transactions, the CFO held 4,800 shares directly. She also beneficially owned 12,384 additional shares indirectly through the Timberland Bank Employee Stock Ownership and 401(k) Plan (KSOP), according to the Form 4 filing’s ownership table and accompanying footnote.

What stock options did the Timberland Bancorp CFO exercise in February 2026?

The CFO exercised multiple stock option grants into common shares. On February 2, 2026 she exercised options for 2,000, 1,600, and 747 shares. On February 3, 2026 she exercised options for 376 shares. These options had exercise prices of $29.69, $31.80, and $28.23.

At what prices did the TSBK CFO sell Timberland Bancorp shares?

The CFO’s reported sales occurred near $39.50 per share. On February 2, 2026 she sold 4,347 shares of common stock at $39.52 per share, and on February 3, 2026 she sold 376 shares at a sale price of $39.50 per share.

What is the KSOP mentioned in the Timberland Bancorp Form 4 filing?

The KSOP is Timberland Bank’s Employee Stock Ownership and 401(k) Plan. The filing notes that 12,384 shares of Timberland Bancorp common stock are held for the CFO’s benefit in this KSOP, and these are reported as indirectly beneficially owned shares.

Does the Timberland Bancorp CFO still hold stock options after these exercises?

Yes, the filing shows remaining stock options. After the February 2–3, 2026 exercises, the Form 4 table lists several thousand stock options (rights to buy common stock) still beneficially owned directly by the CFO, with specified future vesting and expiration dates.

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

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Accepted by SEC EDGAR 02/04/2026 - 04:20 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^*

BASICH MARCI A

(Last) (First) (Middle)

624 SIMPSON AVENUE

(Street)

HOQUIAM WA 98550

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TIMBERLAND BANCORP INC [ TSBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer/EVP

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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 per share	02/02/2026		M		2,000	A	$29.69	6,800	D
Common Stock, $.01 par value per share	02/02/2026		M		1,600	A	$31.8	8,400	D
Common Stock, $.01 par value per share	02/02/2026		M		747	A	$28.23	9,147	D
Common Stock, $.01 par value per share	02/02/2026		S		4,347	D	$39.52	4,800	D
Common Stock, $.01 par value per share	02/03/2026		M		376	A	$28.23	5,176	D
Common Stock, $.01 par value per share	02/03/2026		S		376	D	$39.5	4,800	D
Common Stock, $.01 par value per share								12,384	I	By KSOP(1)

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
Stock Options (Right to Buy)	$29.69	02/02/2026		M			2,000	09/23/2022	09/23/2027	Common Stock	2,000	$0	6,000	D
Stock Options (Right to Buy)	$31.8	02/02/2026		M			1,600	09/25/2023	09/25/2028	Common Stock	1,600	$0	4,400	D
Stock Options (Right to Buy)	$28.23	02/02/2026		M			747	09/28/2026(2)	09/28/2031	Common Stock	747	$0	3,653	D
Stock Options (Right to Buy)	$28.23	02/03/2026		M			376	09/28/2026(2)	09/28/2031	Common Stock	376	$0	3,277	D

Explanation of Responses:

1. Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP").

2. Represents date options will be fully vested.

	/s/Cheryl Parks, Power of Attorney for Marci A. Basich	02/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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