Form 4: FS Bancorp Executive Matthew D. Mullet Reports Stock Transactions

Matthew D. Mullet, President of FS Bancorp, Inc., reports the acquisition and disposal of company stock, along with holdings in ESOP and IRA accounts.

Summary

• On May 6, 2025, Matthew D. Mullet, President of FS Bancorp, Inc., reported transactions involving the company's common stock.
• Mullet acquired 227 shares of common stock at a price of $39.63 per share through the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
• Mullet disposed of 724 shares of common stock.
• Following these transactions, Mullet directly owns 100,999 shares of FS Bancorp, Inc.
• Mullet also has indirect ownership through an ESOP (10,853 shares), a Spouse's IRA (5,600 shares), and an IRA (22,124 shares).

Sentiment

Score: 5

Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by an insider. The acquisition is slightly positive, while the disposal is slightly negative, balancing each other out.

Positives

• The acquisition of shares through the Nonqualified 2022 Stock Purchase Plan demonstrates management's investment in the company's stock.

Negatives

• The disposal of 724 shares could be interpreted negatively, although the reason for disposal is not specified.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's confidence in the company's prospects.

Stakeholder Impact

• Shareholders may be interested in the insider's transactions as an indicator of management's view of the company's value.

Key Dates

Keywords

FS Bancorp, Matthew D. Mullet, stock purchase, Form 4, beneficial ownership, ESOP, IRA, insider trading