Form 4: FS Bancorp Executive Erin Burr Reports Stock Transactions

Erin Burr, CRO and CRA Officer, EVP of FS Bancorp, reports acquisition and disposition of common stock and adjustments in ESOP holdings.

Summary

• On May 6, 2024, Erin Burr, CRO and CRA Officer, EVP of FS Bancorp, Inc. reported transactions involving the company's common stock.
• Burr acquired 266 shares of common stock at a price of $31.91 per share under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
• Following the reported transaction, Burr directly owns 22,189 shares of common stock.
• Burr also indirectly owns 7,755 shares of common stock through the ESOP.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock transactions. The purchase under the stock purchase plan is a mildly positive signal.

Positives

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

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's sentiment towards the company's prospects.

Stakeholder Impact

• The stock purchase by an executive may positively influence shareholder sentiment.

Key Dates