Timberland Bancorp (TSBK) officer sells 3,000 shares after option exercises
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 Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
10 txns
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)
- F1. Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP")
- F2. Represents date options will be fully vested
Key Figures
Options exercised (underlying shares): 3,000 shares
Common shares sold: 3,000 shares
Option exercise price 1: 31.8000 per share
+4 more
7 metrics
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
Key Terms
Stock Options (Right to Buy), Employee Stock Ownership and 401(k) Plan ("KSOP"), par value per share, open market or private transaction
4 terms
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")"
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.
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.