Timberland Bancorp (NASDAQ: TSBK) has recently witnessed significant insider selling activity, as two high-ranking officials simultaneously executed stock options and sold shares on July 29, 2025. Executive Vice President and Chief Credit Officer Todd Van Cise sold 7,000 shares at $32.65 per share, generating $228,550, while simultaneously exercising options on the same number of shares at considerably lower prices ranging between $27.14 and $31.80. Following a similar pattern, Director David Alan Smith sold 836 shares at $33.50 each, netting $28,006, after exercising options at just $10.71 per share. These coordinated transactions yielded profits of approximately $24,500 for Van Cise and $19,000 for Smith, representing a classic strategy of leveraging discounted purchase rights for immediate market-price resale.
Fundamental Strength Remains Intact
Despite these insider sales occurring near the stock’s all-time highs, Timberland Bancorp maintains solid fundamentals with a price-to-earnings ratio of 9.42 and a 3.2% dividend yield. The regional bank’s 13-year history of uninterrupted dividend payments demonstrates stability during uncertain market conditions. Following these transactions, Van Cise retains 2,500 shares, while Smith continues to hold 17,768 shares in the $253 million financial institution.