Form 4: Timberland Bancorp Director Andrea M. Clinton Reports Stock Award and Disposal
SEC Form 4 Filing
Director Andrea M. Clinton reports receiving a stock award and disposing of shares of Timberland Bancorp.
Summary
- On September 24, 2024, Andrea M. Clinton, a director of Timberland Bancorp INC [TSBK], reported a transaction involving the company's common stock.
- Clinton acquired 645 shares through a restricted stock award.
- The restricted stock award was granted on September 24, 2024, and will vest equally over three years.
- Clinton also disposed of 0 shares.
- Following the reported transactions, Clinton beneficially owns 8,210 shares of Timberland Bancorp.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Positives
- The granting of restricted stock to a director aligns their interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may view the stock award as a positive sign, aligning the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of earliest transaction, restricted stock award granted |
| 09/25/2024 | Date of signature |
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