Andrea M. Clinton, who serves on the board of Timberland Bancorp Inc (NASDAQ:TSBK), completed a sale of 1,600 common shares on January 30, 2026. The shares were sold at $39.19 each, producing total proceeds of $62,704.
The sale took place while Timberland Bancorp was trading close to its 52-week high of $39.33. The company’s share price had appreciated by nearly 28% over the prior six months, according to the trading context provided with the transaction.
On the same date, Clinton also exercised stock options to acquire an aggregate of 1,600 shares of Timberland Bancorp common stock. Those option exercises occurred in three separate tranches with exercise prices of $16.87, $28.23 and $27.40, producing a combined exercise value of $42,398.
Timberland Bancorp is a banking company with a reported market capitalization of $311.25 million. The company has maintained dividend payments for 14 consecutive years and currently yields 2.98%, according to the data cited alongside the insider transactions.
Valuation metrics referenced with the transaction note a price-to-earnings ratio of 10.26, a figure presented as indicative that the shares may be slightly undervalued relative to the company’s growth prospects. In addition, the analysis accompanying the transaction references five additional tips from InvestingPro intended to help investors assess Timberland’s financial health and growth outlook, without elaborating on those specific items.
Timberland Bancorp also recently held its virtual Annual Meeting of Shareholders. At that meeting shareholders approved key proposals and re-elected three directors: Dean J. Brydon, Michael J. Stoney and Kelly A. Suter. Each nominee was re-elected to terms ending in 2029, with vote approval rates reported between 95.87% and 99.24%. The meeting record shows 1,105,187 broker non-votes were recorded for each nominee.
The company disclosed personnel changes following the meeting. Timberland Bancorp announced the mutual termination of the employment agreement of Todd Van Cise, who had been serving as chief credit officer since January 2024. Following that departure, Kevin Sakamoto was appointed as the new chief credit officer. Sakamoto joined Timberland Bancorp in 2023; prior to his promotion he was vice president of credit administration and special assets. The company notes that Sakamoto brings over 30 years of commercial banking experience to the role.
This report presents the disclosed insider sale and option exercises together with related corporate governance and staffing developments made public by Timberland Bancorp. It does not add new facts beyond the company filings and the accompanying valuation and dividend data cited with the transactions.