Timberland Bancorp (NASDAQ: TSBK) director sells 2,000 post-exercise shares
Rhea-AI Filing Summary
TIMBERLAND BANCORP INC (TSBK) director Robert A. Drugge reported an option exercise and related share sale. He exercised 2,000 stock options for Common Stock at an exercise price of $15.67 per share, reducing his remaining option position to 12,100 options. He then acquired 2,000 shares of Common Stock through this exercise and sold the same 2,000 shares at $45.87 per share in a disposition reported as a sale. A separate holding entry notes shares held directly through an IRA, without stating the total IRA share amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
DRUGGE ROBERT A
Role
Director
Sold
2,000 shs ($92K)
Approx. gross sale proceeds
$92K
Approx. exercise cost
$31K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 2,000 | $0.00 | $0.00 |
| Exercise | Common Stock, $.01 par value | 2,000 | $15.67 | $31K |
| Sale | Common Stock, $.01 par value | 2,000 | $45.87 | $92K |
| holding | Common Stock, $.01 par value F1 | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 12,100 shares (Direct);
Common Stock, $.01 par value — 45,018 shares (Direct)
Footnotes (1)
- F1. Shares held directly through an IRA.
Key Figures
Options Exercised: 2,000 shares
Exercise Price: $15.67 per share
Options Remaining: 12,100 options
+2 more
5 metrics
Options Exercised
2,000 shares
Stock options exercised for Common Stock on 2026-08-18
Exercise Price
$15.67 per share
Exercise price of stock options exercised on 2026-08-18
Options Remaining
12,100 options
Stock options held following the option exercise transaction
Shares Sold
2,000 shares
Common Stock sold on 2026-08-18 in a sale transaction
Sale Price
$45.87 per share
Price for sale of 2,000 Common Stock shares on 2026-08-18
Key Terms
Stock Options (Right to Buy), derivative security, IRA
3 terms
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy)"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
IRA financial
"Shares held directly through an IRA."
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What insider transaction did TSBK director Robert A. Drugge report?
Robert A. Drugge exercised 2,000 stock options at $15.67 per share for Timberland Bancorp Inc Common Stock and sold the resulting 2,000 shares at $45.87 per share on the same date.
How many Timberland Bancorp (TSBK) options does Robert A. Drugge hold after this Form 4?
After exercising options, Robert A. Drugge holds 12,100 stock options on Timberland Bancorp Inc Common Stock, as reported as the total options following the derivative transaction on this Form 4.
Did the TSBK Form 4 indicate use of a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote stating the transactions were made under a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
