Form 4: FS Bancorp Executive Increases Stake via Stock Plan

Victoria Jarman, EVP at FS Bancorp, acquired 91 shares of common stock through the company's 2022 Stock Purchase Plan.

Summary

• Victoria Jarman, EVP at FS Bancorp, acquired 91 shares of common stock on May 6, 2026.
• The acquisition was made at a price of $41.37 per share.
• The transaction included a 25% company match under the Issuer's Nonqualified 2022 Stock Purchase Plan.
• Following this transaction, the reporting person holds 1,650 shares directly, in addition to 21,800 shares held directly and 6,089 shares held via ESOP.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine disclosure of an executive's participation in an existing employee stock purchase plan.

Positives

• Insider demonstrates confidence in the company by participating in the employee stock purchase plan.
• The acquisition includes a 25% company match, providing immediate value to the executive.

Negatives

• None identified.

Risks

• General market risks associated with holding equity in a financial institution.

Future Outlook

Not applicable as this is a routine Form 4 insider transaction filing.

Industry Context

StockSavvy.ai notes that insider participation in stock purchase plans is a standard corporate governance practice that aligns executive interests with those of shareholders.

Comparison to Industry Standards

• The transaction is consistent with standard executive compensation and equity participation programs found in regional banking institutions.

Stakeholder Impact

• Positive signal to shareholders regarding internal confidence in the company's equity.

Next Steps

• None.

Key Dates

Keywords

FS Bancorp, FSBW, Insider Trading, Stock Purchase Plan, Banking