Form 4: FS Bancorp Director Terri L. Degner Reports Stock Transactions
SEC Form 4 Filing
Terri L. Degner, a director at FS Bancorp, Inc., reported purchasing shares under the company's stock purchase plan and holding shares jointly with a spouse.
Summary
- On August 6, 2024, Terri L. Degner, a director of FS Bancorp, Inc., reported transactions involving the company's common stock.
- Degner acquired 61 shares of common stock at a price of $40.73 per share under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
- Degner directly owns 842 shares of common stock.
- Degner also reported owning 2,000 shares of common stock jointly with a spouse.
- Additionally, Degner indirectly owns 1,323 shares through an IRA.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
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 filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of stock transaction (purchase of 61 shares) |
| 08/08/2024 | Date of signature on the Form 4 filing |
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