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Timberland Bancorp (TSBK) officer sells 3,000 shares after option exercises

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Timberland Bancorp Inc Chief Risk Officer/EVP Matthew Douglas Seath reported option-related trades on July 31, 2026. He exercised stock options covering a total of 3,000 shares of common stock at exercise prices between 27.14 and 31.80 per share and, on the same date, sold 3,000 common shares at 44.75 per share. He also reports indirect ownership of 2,155 shares held through the Timberland Bank Employee Stock Ownership and 401(k) Plan (KSOP). The transactions were not indicated as being made under a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Seath Matthew Douglas
Role Chief Risk Officer/EVP
Sold 3,000 shs ($134K)
Approx. gross sale proceeds $134K
Approx. exercise cost $86K
Type Security Shares Price Value
Exercise Stock Options (Right to Buy) 800 $0.00 $0.00
Exercise Stock Options (Right to Buy) 800 $0.00 $0.00
Exercise Stock Options (Right to Buy) F2 800 $0.00 $0.00
Exercise Stock Options (Right to Buy) F2 600 $0.00 $0.00
Exercise Common Stock, $.01 par value per share 800 $31.80 $25K
Exercise Common Stock, $.01 par value per share 800 $27.14 $22K
Exercise Common Stock, $.01 par value per share 800 $28.23 $23K
Exercise Common Stock, $.01 par value per share 600 $27.40 $16K
Sale Common Stock, $.01 par value per share 3,000 $44.75 $134K
holding Common Stock, $.01 par value per share F1 -- -- --
Holdings After Transaction: Stock Options (Right to Buy) — 6,600 shares (Direct); Common Stock, $.01 par value per share — 3,155 shares (Direct); Common Stock, $.01 par value per share — 2,155 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
Options exercised (underlying shares) 3,000 shares Total underlying common shares from option exercises on 2026-07-31
Common shares sold 3,000 shares Common stock sold at 44.7500 per share on 2026-07-31
Option exercise price 1 31.8000 per share Exercise price for 800 stock options expiring 2028-09-25
Option exercise price 2 27.1400 per share Exercise price for 800 stock options expiring 2029-09-24
Option exercise price 3 28.2300 per share Exercise price for 800 stock options expiring 2031-09-28
Option exercise price 4 27.4000 per share Exercise price for 600 stock options expiring 2032-09-27
Indirect holdings via KSOP 2,155.0000 shares Common shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan
Stock Options (Right to Buy) financial
"security_title shows "Stock Options (Right to Buy)" for derivative entries"
Employee Stock Ownership and 401(k) Plan ("KSOP") financial
"Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP")"
par value per share financial
"Common Stock, $.01 par value per share"
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"

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FAQ

What insider transactions did Timberland Bancorp (TSBK) officer Matthew Douglas Seath report?

Matthew Douglas Seath reported exercising stock options for 3,000 shares of Timberland Bancorp common stock and, on the same July 31, 2026 date, selling 3,000 common shares at 44.75 per share, according to the Form 4 insider filing data.

How many Timberland Bancorp (TSBK) shares did Seath sell and at what price?

Seath sold 3,000 shares of Timberland Bancorp common stock at a price of 44.75 per share on July 31, 2026. This sale followed option exercises for the same total number of underlying common shares on that date.

What stock options did Seath exercise in Timberland Bancorp (TSBK)?

Seath exercised stock options labeled "Stock Options (Right to Buy)" for 3,000 underlying common shares: 800 at 31.8000, 800 at 27.1400, 800 at 28.2300, and 600 at 27.4000 per share, all reported with a transaction date of July 31, 2026.

Does Seath still hold Timberland Bancorp (TSBK) shares after these transactions?

Yes. After the reported transactions, Seath shows 2,155.0000 shares of Timberland Bancorp common stock held indirectly "By KSOP" in the Timberland Bank Employee Stock Ownership and 401(k) Plan, according to the holding entry in the Form 4 data.

Were Seath’s Timberland Bancorp (TSBK) transactions under a Rule 10b5-1 plan?

The filing’s 10b5-1 checkbox is not marked as affirmative (aff_10b5_one is false), indicating these reported option exercises and the 3,000-share sale were not designated as executed under a Rule 10b5-1 trading plan in the disclosure.
SEC Form 4
FORM 4UNITED 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*
Seath Matthew Douglas

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Risk Officer/EVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, $.01 par value per share07/31/2026M800A$31.83,955D
Common Stock, $.01 par value per share07/31/2026M800A$27.144,755D
Common Stock, $.01 par value per share07/31/2026M800A$28.235,555D
Common Stock, $.01 par value per share07/31/2026M600A$27.46,155D
Common Stock, $.01 par value per share07/31/2026S3,000D$44.753,155D
Common Stock, $.01 par value per share2,155IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (Right to Buy)$31.807/31/2026M80009/25/202309/25/2028Common Stock800$02,800D
Stock Options (Right to Buy)$27.1407/31/2026M80009/24/202409/24/2029Common Stock800$02,000D
Stock Options (Right to Buy)$28.2307/31/2026M80009/28/2026(2)09/28/2031Common Stock800$01,200D
Stock Options (Right to Buy)$27.407/31/2026M60009/27/2027(2)09/27/2032Common Stock600$0600D
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 Matthew Douglas Seath08/03/2026
** Signature of Reporting PersonDate
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)