Form 4: FS Bancorp Director Terri L. Degner Reports Stock Purchase and Holdings

Terri L. Degner, a director of FS Bancorp, Inc. and the Bank, reports a recent stock purchase under the company's Nonqualified 2022 Stock Purchase Plan and updates on her direct and indirect holdings of common stock.

Summary

• On May 6, 2024, Terri L. Degner, a director of FS Bancorp, Inc. and the Bank, acquired 39 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 transaction, Degner directly owns 780 shares of common stock.
• Degner also indirectly owns 1,323 shares through an IRA.
• Additionally, Degner directly owns 2,000 shares jointly with her spouse.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reports a routine transaction. The director's purchase is a positive signal, but the scale of the purchase is not significant enough to drastically alter sentiment.

Positives

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

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.

Stakeholder Impact

• The reported stock purchase may have a slightly positive impact on shareholder sentiment.

Key Dates