4/A: FS Bancorp Executive Corrects Stock Ownership Filing

FS Bancorp's Chief Information Officer, Shana Allen, filed an amended Form 4 to correct the number of shares beneficially owned following a stock purchase.

Summary

• Shana Allen, Chief Information Officer and EVP of FS Bancorp, Inc. (FSBW), filed an amended Form 4 (Form 4/A) on February 9, 2026.
• The amendment corrects a previous Form 4 filed on November 10, 2025.
• The correction pertains to a transaction on November 6, 2025, where 39 shares of Common Stock were acquired at a price of $38.01 per share.
• These shares were purchased under the Issuer's Nonqualified 2022 Stock Purchase Plan and included a 25% company match.
• The amendment clarifies that the number of directly beneficially owned shares following the reported transaction is 249, not 248 as originally reported.
• Additionally, Shana Allen indirectly beneficially owns 8,766 shares of Common Stock through an ESOP.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine compliance amendment correcting a minor detail in an insider transaction, with no material impact on the company's financial health or outlook.

Positives

• The acquisition of 39 shares by a key executive, Shana Allen, demonstrates continued insider confidence in FS Bancorp.
• Participation in the Issuer's Nonqualified 2022 Stock Purchase Plan, including a 25% company match, aligns executive interests with shareholder value.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• The filing itself, signed by Shana Allen, serves as a formal statement by the reporting person regarding the correction of beneficial ownership details.

Industry Context

StockSavvy.ai notes that Form 4 filings, and their amendments, are routine compliance disclosures for public company insiders. This specific amendment, correcting a minor share count, is typical for ensuring accuracy in regulatory reporting and does not indicate any significant operational or strategic shifts for FS Bancorp within the broader financial services industry.

Related Party Transactions

• The purchase of shares under the Issuer's Nonqualified 2022 Stock Purchase Plan by an executive is a related party transaction, common in corporate compensation structures.

Stakeholder Impact

• Shareholders: Minimal impact, as it is a minor correction to an already disclosed insider transaction. It reinforces transparency in executive ownership.
• Employees: The existence of a stock purchase plan with a company match can be seen positively, indicating opportunities for employee ownership and alignment.

Key Dates

Keywords

FS Bancorp, FSBW, Form 4/A, Insider Trading, Stock Purchase Plan, Executive Compensation, Beneficial Ownership, SEC Filing