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], filed a Form 4 on May 7, 2025, reporting transactions in the company's common stock.
• On May 6, 2025, Degner acquired 63 shares of common stock at a price of $39.63 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 1,018 shares and indirectly owns 1,323 shares through an IRA.
• Additionally, Degner directly owns 2,000 shares jointly with a spouse.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The filing reports routine stock transactions by a director, with both acquisitions and disposals. The acquisition through the stock purchase plan is a positive sign, but the disposal tempers the overall sentiment.

Positives

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

Negatives

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

Risks

• Unspecified reasons for stock disposal could lead to market speculation.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may influence investor perception of the company's stock.

Key Dates

Keywords

FS Bancorp, FSBW, Form 4, Stock Transaction, Director, Insider Trading, Stock Purchase Plan