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

Michael J. Mansfield, a director of FS Bancorp, Inc., reports the acquisition of 442 shares of common stock through the company's Nonqualified 2022 Stock Purchase Plan.

Summary

• On May 6, 2025, Michael J. Mansfield, a director of FS Bancorp, Inc., acquired 442 shares of common stock at a price of $39.63 per share.
• The acquisition was made under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
• Following the transaction, Mansfield directly owns 4,186 shares of common stock and indirectly owns 14,620 shares through an IRA.
• Mansfield also directly owns 68,932 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The director's participation in the stock purchase plan could be seen as a slightly positive signal.

Positives

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

Industry Context

This filing is a routine disclosure related to insider trading and is common for publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the U.S., ensuring transparency of insider transactions.
• Similar filings are made by directors and officers of companies like JPMorgan Chase & Co. and Bank of America when they buy or sell shares of their respective companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to the director's investment in the company.

Key Dates

Keywords

FS Bancorp, Director, Stock Purchase Plan, Share Acquisition, Form 4, Beneficial Ownership, Insider Trading