Form 4: FS Bancorp Director Michael J. Mansfield Reports Stock Purchase

Director Michael J. Mansfield acquired 548 shares of FS Bancorp, Inc. common stock through the company's Nonqualified 2022 Stock Purchase Plan.

Summary

• On May 6, 2024, Michael J. Mansfield, a director of FS Bancorp, Inc., acquired 548 shares of common stock at a price of $31.91 per share.
• The purchase was made under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
• Following the transaction, Mansfield directly owns 3,317 shares of common stock.
• Mansfield also indirectly owns 68,182 shares and 14,620 shares through an IRA.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of a stock purchase. The director's participation in the stock purchase plan is a mildly positive signal.

Positives

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

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company directors and officers.

Stakeholder Impact

• The transaction provides shareholders with insight into the director's investment activity.

Key Dates