Form 4: FS Bancorp Director Pamela Marie Andrews Reports Stock Purchase
SEC Form 4
Director Pamela Marie Andrews reports purchasing 442 shares of FS Bancorp (FSBW) common stock at $39.63 per share under the company's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
Summary
- On May 6, 2025, Pamela Marie Andrews, a director of FS Bancorp, Inc. (FSBW), acquired 442 shares of common stock.
- The shares were purchased at a price of $39.63 per share.
- The transaction was executed under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
- Following the transaction, Andrews directly owns 4,186 shares of FS Bancorp common stock.
- Andrews also indirectly owns 11,250 shares.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares indicates confidence in the company, but the purchase is relatively small and part of a pre-existing plan.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Directors purchasing shares in their own company is a common practice. It is viewed as a positive sign of confidence in the company's prospects. It aligns the director's interests with those of other shareholders.
Stakeholder Impact
- The stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of stock purchase transaction |
| 05/07/2025 | Date of Form 4 filing |
Keywords
FS Bancorp, FSBW, Pamela Marie Andrews, stock purchase, director, Form 4, Nonqualified 2022 Stock Purchase Plan
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