FSBW.NASDAQFs Bancorp, INC

Form 4: FS Bancorp Executive Donn C. Costa Reports Stock Purchase

Sentiment:

SEC Form 4


Donn C. Costa, EVP of Home Lending at FS Bancorp, reports the purchase of 366 shares of common stock through the company's Nonqualified 2022 Stock Purchase Plan.

Summary

  • On February 6, 2025, Donn C. Costa, EVP of Home Lending at FS Bancorp, purchased 366 shares of common stock at a price of $40.95 per share.
  • The purchase was made under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
  • Following the transaction, Costa directly owns 76,172 shares of common stock and indirectly owns 9,307 shares through an ESOP.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. An executive purchasing shares indicates confidence in the company, but the amount is not significant enough to drastically alter sentiment.

Positives

  • Executive's participation in the company's stock purchase plan signals confidence in the company's future.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. Purchases are generally viewed more positively than sales.

Stakeholder Impact

  • The stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
02/06/2025Date of stock purchase transaction
02/07/2025Date of Form 4 filing

Keywords

FS Bancorp, Donn C. Costa, Stock Purchase, Form 4, Insider Trading, Beneficial Ownership, EVP Home Lending, ESOP, Nonqualified 2022 Stock Purchase Plan

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