Fifth District Bancorp (FDSB) CEO receives 31,133 restricted shares

Rhea-AI Filing Summary

Fifth District Bancorp, Inc. reported that President, CEO and director Amie L. Lyons acquired 31,133 shares of common stock on February 9, 2026. The shares were granted at a price of $0 and are restricted stock that vest 20% per year starting February 9, 2027.

After this award, Lyons beneficially owns 31,133 shares directly, plus 20,000 shares held indirectly through a 401(k) plan and 450 shares held indirectly through a child.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lyons Amie L.

(Last) (First) (Middle)

4000 GENERAL DEGAULLE DR

(Street)

NEW ORLEANS LA 70114

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Fifth District Bancorp, Inc. [ FDSB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/09/2026		A		31,133(1)	A	$0	31,133	D
Common Stock								20,000	I	By 401(k) Plan
Common Stock								450	I	By child

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares of restricted stock vest at a rate of 20% per year commencing on February 9, 2027.

	/s/ Victor L. Cangelosi, pursuant to power of attorney	02/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did FDSB report for Amie L. Lyons?

Amie L. Lyons received 31,133 shares of Fifth District Bancorp common stock as an acquisition on February 9, 2026. The shares were granted at $0 per share and are structured as restricted stock with a multi‑year vesting schedule beginning in 2027.

How do the 31,133 FDSB shares granted to Amie L. Lyons vest?

The 31,133 restricted shares vest in equal 20% installments each year starting February 9, 2027. This means the award is spread over five years, aligning Lyons’ stock ownership with a longer-term timeframe at Fifth District Bancorp.

What is Amie L. Lyons’ total beneficial ownership in FDSB after the grant?

After the reported transaction, Lyons beneficially owns 31,133 Fifth District Bancorp shares directly. In addition, 20,000 shares are held indirectly through a 401(k) plan, and 450 shares are held indirectly through a child, according to the Form 4 disclosure.

What role does Amie L. Lyons hold at Fifth District Bancorp (FDSB)?

Amie L. Lyons is both President and Chief Executive Officer and also serves as a director of Fifth District Bancorp. The Form 4 identifies these positions while reporting the restricted stock award and her resulting direct and indirect share ownership.

Was cash paid for the 31,133 Fifth District Bancorp shares reported on the Form 4?

No cash was paid for the 31,133 shares; they were acquired at a stated price of $0 per share. The Form 4 shows the transaction coded as an acquisition of restricted stock, with value realized through vesting over the specified schedule.

How many Fifth District Bancorp shares are held indirectly for Amie L. Lyons?

Lyons has 20,000 shares held indirectly through a 401(k) plan and 450 shares held indirectly by a child. These indirect holdings are reported separately from her 31,133 directly owned shares in the Form 4 filing for Fifth District Bancorp.