Form 4: FS Bancorp Executive Shana Allen Reports Stock Transactions
SEC Form 4 Filing
Shana Allen, Chief Information Officer of FS Bancorp, reports the purchase and allocation of company stock.
Summary
- On May 6, 2024, Shana Allen, the Chief Information Officer of FS Bancorp, reported transactions involving the company's common stock.
- Allen acquired 18 shares of common stock at a price of $31.91 per share through the Issuer's Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.
- Allen directly owns 2,500 shares of common stock.
- Allen indirectly owns 8,632 shares of common stock through the ESOP.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports routine stock transactions. The purchase of shares could be seen as slightly positive, indicating confidence.
Positives
- The purchase of shares through the stock purchase plan demonstrates the executive's investment in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The reported transactions provide shareholders with insight into the actions of company executives.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of stock transaction |
| 05/08/2024 | Date of signature |
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