Form 4: FS Bancorp CFO Phillip Whittington Acquires Shares Under Stock Purchase Plan
SEC Form 4 Filing
Phillip Whittington, CFO of FS Bancorp, Inc., reports the acquisition of company stock through the Issuer's Nonqualified 2022 Stock Purchase Plan.
Summary
- On May 6, 2025, Phillip Dean Whittington, the Chief Financial Officer of FS Bancorp, Inc. (FSBW), acquired 16 shares of common stock at a price of $39.63 per share.
- These shares were purchased under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
- Following the transaction, Whittington directly owns 3,396 shares of FS Bancorp common stock and indirectly owns 234 shares through an ESOP.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CFO's stock purchase is a good sign, but it's a small transaction.
Positives
- The CFO's participation in the stock purchase plan demonstrates confidence in the company's future.
Industry Context
Insider transactions are routinely monitored as indicators of management's perspective on the company's valuation and prospects. Purchases can be seen as a positive signal.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of transaction: Phillip Whittington acquired shares of common stock. |
| 05/07/2025 | Date of report signature. |
Keywords
FS Bancorp, FSBW, Phillip Whittington, CFO, stock purchase, Form 4, beneficial ownership, ESOP
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