Timberland Bancorp (TSBK) CCO Kevin Sakamoto Receives 1,400-Share Award

What Happened
Kevin John Sakamoto, Chief Credit Officer and Senior Vice President of Timberland Bancorp (TSBK), received a restricted stock award of 1,400 shares on September 29, 2026. The shares were granted at a reported acquisition price of $0 (typical for restricted awards) and the filing reports no immediate cash value. This is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-29; filing date: 2026-10-01 (no late filing indicated in the provided data).
• Transaction type/code: Restricted stock award (A). Price reported: $0. Total shares granted: 1,400.
• Vesting: Footnote indicates the restricted shares vest equally over 5 years.
• Shares owned after transaction: Not specified in the summary provided.
• Footnotes: F1 = Restricted Stock Award granted 9/29/2026, vests equally over 5 years. F2 = References shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan (KSOP).

Context
Restricted stock awards are compensation and typically subject to vesting and company service conditions; they do not represent an immediate open-market purchase or sale and should be treated as part of executive compensation rather than a direct market sentiment indicator. The grant increases the insider’s potential future ownership as the award vests.