Form 4: FS Bancorp Director Zavaglia Acquires Shares Under Stock Purchase Plan

Director Joseph P. Zavaglia reports the acquisition of FS Bancorp shares through the company's Nonqualified 2022 Stock Purchase Plan.

Summary

• On November 6, 2024, Joseph P. Zavaglia, a director of FS Bancorp, Inc., acquired 52 shares of common stock at a price of $48.47 per share.
• These shares were purchased under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
• Following the transaction, Zavaglia directly owns 8,594 shares of common stock and indirectly owns 9,614 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares under a company plan is generally a good sign, but the quantity is small.

Positives

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

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's prospects. Purchases by directors are often seen as a positive signal.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates