Timberland Bancorp (TSBK) CFO Basich exercises 477 options and sells 477 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Timberland Bancorp’s Chief Financial Officer and Executive Vice President, Marci A. Basich, reported an option exercise and matching stock sale. On February 5, 2026, she exercised 477 stock options at $28.23 per share and acquired the same number of common shares.
On the same day, Basich sold 477 common shares at a price of $39.50 per share. Following these transactions, she directly held 4,800 common shares and had an additional 12,384 common shares held indirectly through the Timberland Bank Employee Stock Ownership and 401(k) Plan (KSOP).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 477 shares ($18,842)
Net Sell
4 txns
Insider
BASICH MARCI A
Role
Chief Financial Officer/EVP
Sold
477 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 477 | $0.00 | -- |
| Exercise | Common Stock, $.01 par value per share | 477 | $28.23 | $13K |
| Sale | Common Stock, $0.01 par value per share | 477 | $39.50 | $19K |
| holding | Common Stock, $.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 2,800 shares (Direct);
Common Stock, $.01 par value per share — 5,277 shares (Direct);
Common Stock, $0.01 par value per share — 4,800 shares (Direct);
Common Stock, $.01 par value per share — 12,384 shares (Indirect, By KSOP)
Footnotes (1)
- Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP"). Represents date options will be fully vested.
FAQ
What insider transaction did Timberland Bancorp (TSBK) report for Marci A. Basich?
Timberland Bancorp reported that CFO/EVP Marci A. Basich exercised 477 stock options and sold 477 common shares on February 5, 2026. These transactions involved company common stock with a par value of $0.01 per share, as disclosed in the Form 4 filing.
What stock options did Marci A. Basich exercise in the Timberland Bancorp (TSBK) Form 4?
Basich exercised 477 stock options, each giving the right to buy one Timberland Bancorp common share at $28.23. The options are scheduled to be fully vested on September 28, 2026, and expire on September 28, 2031, based on the disclosure.
What is the role of the KSOP in Marci A. Basich’s Timberland Bancorp (TSBK) holdings?
The KSOP is Timberland Bank’s Employee Stock Ownership and 401(k) Plan. The filing notes that 12,384 Timberland Bancorp common shares are held for Basich indirectly through this KSOP, separate from the 4,800 shares she owns directly after the reported transactions.
What position does Marci A. Basich hold at Timberland Bancorp (TSBK) in this Form 4?
In the Form 4, Marci A. Basich is identified as an officer of Timberland Bancorp, serving as Chief Financial Officer and Executive Vice President. She is not listed as a director or 10% owner in the relationship section of the filing.