Form 4: FS Bancorp Director Terri L. Degner Reports Stock Transactions

Director Terri L. Degner reports acquisition and disposal of FS Bancorp stock, including purchases under the company's stock purchase plan.

Summary

• Terri L. Degner, a director of FS Bancorp, Inc. (FSBW), reported transactions involving the company's common stock on February 6, 2025.
• Degner acquired 61 shares of common stock at a price of $40.95 per share under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
• Degner also reported disposing of 1,750 shares of common stock.
• Following these transactions, Degner directly owns 955 shares of common stock, 2,000 shares jointly with a spouse, and indirectly owns 1,323 shares through an IRA.

Sentiment

Score: 5

Explanation: Neutral sentiment. The filing reports both acquisition and disposal of shares, making it difficult to gauge a clear positive or negative sentiment. The purchase through the stock purchase plan is mildly positive, but the disposal offsets it.

Positives

• The purchase of shares through the stock purchase plan indicates confidence in the company's future.

Negatives

• The disposal of 1,750 shares could be interpreted negatively, although the reason for disposal is not specified.

Risks

• The Form 4 filing itself doesn't inherently indicate risks, but monitoring insider transactions is important for assessing potential risks or opportunities.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's prospects. Purchases can signal confidence, while sales may raise concerns, although they can be for various personal financial reasons.

Stakeholder Impact

• Shareholders may be interested in the insider transactions as an indicator of management's confidence in the company.

Key Dates

Keywords

FS Bancorp, FSBW, Terri Degner, Form 4, Insider Trading, Stock Purchase Plan, Director, Common Stock