Form 4: Timberland Bancorp CTO Sells Shares for Tax Obligations

Timberland Bancorp's Chief Technology Officer, Breanne D. Antich, disposed of 95 shares of common stock to cover tax obligations related to vested restricted stock.

Summary

• Breanne D. Antich, Chief Technology Officer/EVP of Timberland Bancorp Inc. (TSBK), reported a transaction on September 24, 2025.
• The transaction involved the disposition of 95 shares of common stock at a price of $34.4 per share.
• These shares were withheld by the issuer to satisfy state and federal tax liabilities following the vesting of 300 restricted stock shares.
• Following this transaction, Antich directly holds 4,253 shares and indirectly holds 4,174 shares through the Timberland Bank Employee Stock Ownership and 401(k) Plan (KSOP).

Sentiment

Score: 5

Explanation: This is a routine Form 4 filing reporting a tax-related disposition of shares following restricted stock vesting, which is a neutral event for company performance.

Positives

• 300 shares of restricted stock vested for the Chief Technology Officer, indicating the successful achievement of vesting conditions and a component of executive compensation.

Negatives

• 95 shares of common stock were disposed of, reducing the direct beneficial ownership of the Chief Technology Officer.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing and does not provide specific insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The transaction represents a standard part of executive compensation and has a negligible impact on overall share structure or value.

Key Dates

Recommendation

This Form 4 reports a routine tax-related disposition of shares by an executive following restricted stock vesting. It does not provide new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transaction is a standard part of executive compensation and compliance.

Keywords

TSBK, Timberland Bancorp, Form 4, Insider Transaction, Executive Compensation, Restricted Stock, Tax Withholding, Stock Sale