secwatch.observer — SEC 8-K summary
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Issuer:     TIMBERLAND BANCORP INC (TSBK)
CIK:        0001046050
Form:       8-K
Filed at:   2021-08-25T23:59:59+00:00
Accession:  0000939057-21-000265
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Director James A. Davis retires; board reduced from 9 to 8; bylaw amendments adopted
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- James A. Davis retired from Timberland Bancorp and Timberland Bank boards on August 24, 2021 due to mandatory retirement age.
- Board size reduced from nine to eight members immediately following his retirement.
- Davis was appointed Advisory Director; he served on Audit, Technology, and Strategic Planning committees.
- Bylaws amended to require shareholder lawsuits be brought individually, not as class actions.
- Bylaws also amended to allow board meetings via remote communication without physical assembly.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046050/000093905721000265/0000939057-21-000265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046050/000093905721000265/timb8k82421.htm
  HTML page:      https://secwatch.observer/filing/0000939057-21-000265

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer