Timberland Bancorp risk chief has 135 shares withheld
The share withholdings were used for state and federal tax payments tied to restricted-stock vesting.
Rhea-AI Filing Summary
TIMBERLAND BANCORP INC (TSBK) Chief Risk Officer/EVP Seath Matthew Douglas had 75 shares withheld from 250 restricted shares that vested September 23, 2026, and 60 shares withheld from 200 restricted shares that vested September 24, 2026. The withholdings were at his election for the issuer to pay state and federal tax authorities for his account. Reported per-share values were $44.82 and $45.10, respectively. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 135 shares
Tax Withholding
2 txns
Insider
Seath Matthew Douglas
Role
Chief Risk Officer/EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $.01 par value F2 | 60 | $45.10 | $3K |
| Tax Withholding | Common Stock, $.01 par value F1 | 75 | $44.82 | $3K |
Holdings After Transaction:
Common Stock, $.01 par value — 3,020 shares (Direct)
Footnotes (2)
- F1. As previously reported 250 shares of restricted stock vested on September 23. 2026, of which 75 shares were withheld at the election of the Reporting Person for Issuer to pay the value of the vested shares to state and federal tax authorities for the Reporting Person's account.
- F2. As previously reported 200 shares of restricted stock vested on September 24, 2026, of which 60 shares were withheld at the election of the Reporting Person for Issuer to pay the value of the vested shares to state and federal tax authorities for the Reporting Person's account.
Key Figures
Restricted shares vested: 250 shares
Shares withheld: 75 shares
Reported per-share value: $44.82 per share
+3 more
6 metrics
Restricted shares vested
250 shares
September 23, 2026
Shares withheld
75 shares
September 23, 2026; for state and federal tax payments
Reported per-share value
$44.82 per share
75 shares withheld on September 23, 2026
Restricted shares vested
200 shares
September 24, 2026
Shares withheld
60 shares
September 24, 2026; for state and federal tax payments
Reported per-share value
$45.10 per share
60 shares withheld on September 24, 2026
Key Terms
restricted stock, vested, par value
3 terms
restricted stock financial
"250 shares of restricted stock vested"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vested financial
"250 shares of restricted stock vested"
par value financial
"Common Stock, $.01 par value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.