Form 4: Timberland Bancorp Director's Stock Vesting & Tax Withholding
Insider Transaction Report
Timberland Bancorp Director Kathy D. Leodler reported the vesting of restricted stock and subsequent withholding for tax obligations.
Summary
- Kathy D. Leodler, a Director at Timberland Bancorp Inc. (TSBK), reported a change in beneficial ownership.
- On September 26, 2025, 200 shares of restricted common stock, with a par value of $0.01, vested.
- Concurrently, 200 shares were withheld by the Issuer at a price of $34.2 per share to cover state and federal tax obligations for the Reporting Person's account.
- Following this transaction, Kathy D. Leodler beneficially owns 1,735 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (vesting of restricted stock and tax withholding) which is neutral in terms of company performance or outlook.
Industry Context
This is a routine insider transaction report, common across all publicly traded companies, detailing changes in beneficial ownership for directors or officers as part of their compensation plans. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, pre-scheduled compensation event for a director, not indicative of operational performance or strategic shifts.
Key Dates
| Date | Description |
|---|---|
| 09/26/2025 | Date 200 shares of restricted stock vested and were withheld for tax purposes. |
| 09/29/2025 | Date the Form 4 was signed by the Power of Attorney for Kathy D. Leodler. |
Keywords
Timberland Bancorp, TSBK, Form 4, Insider Transaction, Restricted Stock, Stock Vesting, Tax Withholding, Director Compensation
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