31,133 restricted shares to Fifth District Bancorp (FDSB) VP

Rhea-AI Filing Summary

Fifth District Bancorp (FDSB) insider activity: VP of Lending Subsidiary Gervais Dodie F. acquired 31,133 shares of common stock on February 9, 2026 as a restricted stock award at a reported price of $0 per share. These restricted shares vest 20% per year starting on February 9, 2027.

After this transaction, Gervais Dodie F. directly owns 31,133 common shares and indirectly holds 25,000 common shares through a 401(k) plan.

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

OMB Number:			3235-0287
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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^*

Gervais Dodie F.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP of Lending Subsidiary

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								25,000	I	By 401(k) Plan

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 Fifth District Bancorp (FDSB) report?

Fifth District Bancorp reported a restricted stock award to VP of Lending Subsidiary Gervais Dodie F. of 31,133 common shares on February 9, 2026 at a reported price of $0 per share, increasing the executive’s direct beneficial ownership.

How do the restricted shares for Fifth District Bancorp (FDSB) vest?

The 31,133 restricted shares vest gradually over time. They vest at a rate of 20% per year, beginning on February 9, 2027, meaning the award becomes fully vested in equal annual installments over several years, subject to the vesting terms.

What is the total Fifth District Bancorp (FDSB) stock owned by the reporting officer?

After the reported transaction, the officer holds two types of ownership. Gervais Dodie F. directly owns 31,133 common shares and indirectly holds 25,000 common shares through a 401(k) plan, as disclosed in the filing’s beneficial ownership table.

Who is the insider involved in the Fifth District Bancorp (FDSB) Form 4 filing?

The insider is Gervais Dodie F., a company officer. The filing identifies this person as an officer with the title VP of Lending Subsidiary, reporting both a new restricted stock award and existing indirect holdings in a 401(k) plan.

Was cash paid for the new Fifth District Bancorp (FDSB) restricted shares?

No cash consideration was reported for the award. The Form 4 lists 31,133 common shares acquired with a transaction code "A" at a reported price of $0 per share, indicating a stock-based compensation grant rather than an open-market purchase.