Insider Tax Withholdings
Timberland Bancorp Insiders Report Restricted Stock Tax Withholdings for Executives
Anonymous
Timberland Bancorp director Parul Bhandari reported withholding 51 shares at $44.82 and 58 shares at $45.10, while CFO Marci A. Basich reported withholding 135 shares at $44.82 and 100 shares at $45.10. The shares were withheld from restricted-stock awards, at the insiders’ elections, to cover state and federal tax payments; the filings describe these transactions as tax withholding rather than open-market sales.
Key Points
1
Basich’s withholdings were tied to larger restricted-stock vestings: 400 shares vested on September 23, 2026, and 320 shares on September 24, 2026.
2
Bhandari’s filing footnotes link the 51-share withholding to restricted stock vesting on September 23, 2026, and the 58-share withholding to vesting on September 24, 2026.
3
The Bhandari filing description contains a date discrepancy: it says the 51-share transaction row is dated September 23, 2025, but the associated footnote identifies the restricted stock as vesting September 23, 2026.
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