STOCK TITAN

Timberland Bancorp (TSBK) Director Receives 700 Restricted Shares Vesting Over 3 Years

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Michael J. Stoney, a director of Timberland Bancorp Inc. (TSBK), received a restricted stock award of 700 shares on 09/23/2025 at a reported price of $0. Following the grant, his beneficial ownership increased to 9,195 shares. The award is described as restricted stock that will vest equally over three years. The Form 4 was signed on behalf of Mr. Stoney by Cheryl Parks as Power of Attorney on 09/24/2025.

Positive

  • 700 restricted shares granted to a director, increasing insider alignment with shareholders
  • Vesting schedule disclosed: shares vest equally over three years, indicating time‑based retention
  • Beneficial ownership updated: holdings reported as 9,195 shares following the grant

Negative

  • None.

Insights

TL;DR: Director received a time‑based restricted stock award that increases alignment with shareholders without immediate cash cost.

The filing documents a standard restricted stock grant of 700 shares to a director, vesting equally over three years. Time‑based vesting is a common governance mechanism to retain directors and align long‑term interests with shareholders. The award is reported at $0, indicating a grant rather than an open‑market purchase. No additional compensation details or performance conditions are provided.

TL;DR: Insider ownership rose to 9,195 shares after a 700‑share restricted grant; no derivative activity reported.

The Form 4 shows only a non‑derivative restricted stock award on 09/23/2025 and no sales or option exercises. The filing provides the new total beneficial holdings and the vesting schedule but does not disclose grant fair value or rationale. This is a routine disclosure for Section 16 reporting.

Insider STONEY MICHAEL JOHN
Role Director
Type Security Shares Price Value
Grant/Award Common Stock, $.01 par value 700 $0.00 --
Holdings After Transaction: Common Stock, $.01 par value — 9,195 shares (Direct)
Footnotes (1)
  1. [object Object]
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).
1. Name and Address of Reporting Person*
STONEY MICHAEL JOHN

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025
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(1) 09/23/2025 A 700 A $0 9,195 D
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
Explanation of Responses:
1. Restricted Stock Award was granted on 9/23/2025. These shares will vest equally over three years.
/s/Cheryl Parks, Power of Attorney for Michael J. Stoney 09/24/2025
** Signature of Reporting Person Date
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.

FAQ

Who filed the Form 4 for TSBK and whose transaction is reported?

The Form 4 reports a transaction for Michael J. Stoney, a director of Timberland Bancorp Inc. (TSBK).

What securities were acquired on 09/23/2025 according to the Form 4?

A restricted stock award of 700 shares of common stock was acquired on 09/23/2025.

What was Michael J. Stoney's beneficial ownership after the reported transaction?

Following the transaction, Mr. Stoney beneficially owned 9,195 shares.

What are the vesting terms disclosed for the restricted shares?

The Form 4 states the restricted shares will vest equally over three years.

Was any derivative securities activity reported in this filing?

No. Table II for derivative securities shows no entries in this Form 4.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Cheryl Parks, Power of Attorney for Michael J. Stoney on 09/24/2025.