Timberland Bancorp (TSBK) CFO logs stock option exercises and share sales
Filing Impact
Filing Sentiment
Form Type
4
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).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,723 shares ($186,645)
Net Sell
11 txns
Insider
BASICH MARCI A
Role
Chief Financial Officer/EVP
Sold
4,723 shs ($187K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 376 | $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 | -- |
| Exercise | Stock Options (Right to Buy) | 1,600 | $0.00 | -- |
| Exercise | Stock Options (Right to Buy) | 747 | $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) — 3,277 shares (Direct);
Common Stock, $.01 par value per share — 5,176 shares (Direct);
Common Stock, $.01 par value per share — 12,384 shares (Indirect, By KSOP)
Footnotes (1)
- Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP"). Represents date options will be fully vested.
FAQ
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.
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.
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.