Form 4: FS Bancorp Director Acquires Shares Through Stock Purchase Plan

Marina Cofer-Wildsmith, a director of FS Bancorp, Inc., acquired 196 shares of common stock through the company's Nonqualified 2022 Stock Purchase Plan on May 6, 2024.

Summary

• On May 6, 2024, Marina Cofer-Wildsmith, a director of FS Bancorp, Inc. (FSBW), acquired 196 shares of common stock.
• The shares were purchased under the Issuer's Nonqualified 2022 Stock Purchase Plan and includes a 25% match.
• The price per share was $31.91.
• Following the transaction, Ms. Cofer-Wildsmith directly owns 1,121 shares and indirectly owns 8,160 shares of FS Bancorp common stock.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director is increasing their stake in the company, which is generally seen as a good sign. The stock purchase plan with a company match is also a positive incentive.

Positives

• The director's participation in the stock purchase plan signals confidence in the company's future.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. Purchases are generally viewed positively.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates