Form 4: FS Bancorp CFO Matthew D. Mullet Reports Changes in Beneficial Ownership

FS Bancorp CFO Matthew D. Mullet filed a Form 4 detailing changes in his beneficial ownership of company stock, including ESOP allocations and holdings through spousal and personal IRAs.

Summary

• On May 7, 2024, Matthew D. Mullet, CFO of FS Bancorp, Inc., filed a Form 4 with the SEC.
• The filing reports changes in his beneficial ownership of FS Bancorp common stock.
• Mullet directly owns 87,784 shares of common stock.
• He indirectly owns 10,687 shares through the ESOP, 5,600 shares through his spouse's IRA, and 22,124 shares through his IRA.
• The changes in ESOP holdings reflect allocations and dispositions since his last ownership report.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company securities, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• Shareholders are informed about the ownership stake of a key executive.
• Employees participating in the ESOP may be interested in the reported allocations.

Key Dates