Form 4: FS Bancorp Director Ted A. Leech Reports Stock Transactions

Director Ted A. Leech reports stock transactions including purchases under the company's stock purchase plan.

Summary

• On May 6, 2024, Ted A. Leech, a director of FS Bancorp, Inc., reported transactions involving the company's common stock.
• Leech acquired 78 shares of common stock at a price of $31.91 per share under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
• Following the reported transactions, Leech directly owns 45,755 shares of common stock.
• Leech also indirectly owns 2,000 shares through a self-managed trust and 28,700 shares through a stock award.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports routine stock transactions by a company director. The purchase under the stock purchase plan is a mildly positive signal.

Positives

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

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The reported transactions provide shareholders with insight into the director's investment activities.

Key Dates