Form 4: FS Bancorp Executive Kelli Nielsen Reports Stock Purchase

Kelli Nielsen, Chief Retail Banking EVP at FS Bancorp, reports purchasing 18 shares of common stock under the company's Nonqualified 2022 Stock Purchase Plan.

Summary

• Kelli Nielsen, the Chief Retail Banking EVP of FS Bancorp, Inc. (FSBW), filed a Form 4 on February 10, 2025.
• The form reports a transaction that occurred on February 6, 2025, where Nielsen purchased 18 shares of FS Bancorp common stock at a price of $40.95 per share.
• These shares were acquired under the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
• Following the reported transaction, Nielsen directly owns 14,884 shares of common stock and indirectly owns 2,681 shares through an ESOP.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reports a routine stock purchase by an executive. The 25% match from the company is a slight positive.

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 transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.

Stakeholder Impact

• The stock purchase by a company executive can positively influence shareholder sentiment.

Key Dates