4/A: FS Bancorp Director Amends Share Ownership Report
Insider Transaction Amendment
FS Bancorp Director Marina Cofer-Wildsmith filed an amended Form 4, correcting her beneficial ownership of common stock to 5,990 shares.
Summary
- An amended Form 4 (Form 4/A) was filed by Marina Cofer-Wildsmith, a Director of FS Bancorp, Inc. (FSBW).
- The amendment corrects the number of beneficially owned shares of common stock previously reported.
- The original Form 4 was filed on November 24, 2025.
- The corrected beneficial ownership after reported transactions is 5,990 shares, an increase from the previously reported 5,590 shares.
- The filing also details sales of 161 shares on November 20, 2025, and 2,370.5147 shares on November 21, 2025, both at a price of $40 per share.
Sentiment
Score: 5
Explanation: Neutral. The filing is an administrative correction of a previous report. While the underlying transactions were sales, the amendment itself is about ensuring accuracy in public disclosures, not performance or strategic direction.
Positives
- Correction of previously reported beneficial ownership ensures accurate public record and enhances transparency.
Negatives
- Director Marina Cofer-Wildsmith sold a total of 2,531.5147 shares of common stock (161 + 2,370.5147) at $40 per share, which represents a reduction in her direct holdings.
Risks
- Potential for misinterpretation of insider trading activity if the amendment's purpose as a correction is not clearly understood.
Future Outlook
N/A
Industry Context
N/A
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Reporting Correction | Amendment to Form 4 to correct the number of beneficially owned shares of common stock from 5,590 to 5,990 for Director Marina Cofer-Wildsmith. | 01/15/2026 | Enhances accuracy and transparency of insider ownership disclosures, reinforcing compliance with SEC regulations. |
Stakeholder Impact
- Shareholders: Provides corrected information on a director's beneficial ownership, improving transparency and accuracy of public records.
- Regulatory Authorities: Ensures compliance with SEC reporting requirements for insider transactions.
Key Dates
| Date | Description |
|---|---|
| 11/20/2025 | Transaction Date: Sale of 161 shares of Common Stock by Marina Cofer-Wildsmith. |
| 11/21/2025 | Transaction Date: Sale of 2,370.5147 shares of Common Stock by Marina Cofer-Wildsmith. |
| 11/24/2025 | Date of Original Form 4 filing. |
| 01/15/2026 | Signature Date of the amended Form 4/A by Marina Cofer-Wildsmith. |
Keywords
FS Bancorp, FSBW, Form 4/A, Insider Trading, Beneficial Ownership, Director Stock Sale, SEC Filing, Corporate Governance
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