Form 4: FS Bancorp Director Adams Gifts Shares Worth $25,900
SEC Form 4 Filing
Director and CEO of FS Bancorp, Joseph C. Adams, reports gifting 675 shares of common stock.
Summary
- On April 28, 2025, Joseph C. Adams, Director and CEO of FS Bancorp, Inc., gifted 675 shares of common stock.
- The transaction was a bona fide gift with no compensation given to the donor.
- The closing trading price of the common stock on the date of the gift was $38.32 per share.
- Following the transaction, Adams directly owns 135,307 shares of common stock, 1,245 shares directly, and 17,818 shares indirectly through an ESOP.
Sentiment
Score: 5
Explanation: The document reports a gift of shares, which is a neutral event. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
Insider transactions are routinely monitored by investors as they can provide signals about management's perspective on the company's valuation and future prospects. A gift of shares is generally considered a neutral event.
Key Dates
| Date | Description |
|---|---|
| 04/28/2025 | Date of the gift transaction |
| 04/29/2025 | Date of signature on the Form 4 |
Keywords
FS Bancorp, Joseph C. Adams, Director, CEO, Share Gift, Common Stock, Beneficial Ownership, Form 4, Securities
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