Form 4: Timberland Bancorp CFO Marci A. Basich Reports Stock Transactions
SEC Form 4 Filing
Marci A. Basich, CFO of Timberland Bancorp, reports the exercise of stock options and sale of common stock on April 28, 2025.
Summary
- Marci A. Basich, the Chief Financial Officer and EVP of Timberland Bancorp Inc., filed a Form 4 on April 28, 2025.
- The report details transactions involving Timberland Bancorp's common stock and stock options.
- Basich exercised stock options to acquire 1,400 shares at $27.14 and 800 shares at $16.87.
- She also sold 2,200 shares of common stock at $30.
- Following these transactions, Basich directly owns 3,100 shares and indirectly owns 12,384 shares through the KSOP.
- She also holds options to buy 9,600 shares at $27.14 and 8,800 shares at $16.87.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 09/24/2019 | Date exercisable for stock options with an exercise price of $27.14 |
| 09/22/2020 | Date exercisable for stock options with an exercise price of $16.87 |
| 09/24/2029 | Expiration date for stock options with an exercise price of $27.14 |
| 09/22/2030 | Expiration date for stock options with an exercise price of $16.87 |
| 04/28/2025 | Date of the reported transactions (exercise of options and sale of stock) |
Keywords
Form 4, stock options, common stock, Timberland Bancorp, insider trading, TSBK, Marci A. Basich
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