Fifth District Bancorp (FDSB) CFO awarded 31,133 restricted shares vesting from 2027

Rhea-AI Filing Summary

Fifth District Bancorp, Inc. reported that its CFO and Treasurer, Melissa C. Burns, received an award of 31,133 shares of common stock on February 9, 2026, recorded at a price of $0 per share as a stock grant rather than a purchase.

These shares are restricted stock that vest at 20% per year, beginning on February 9, 2027, spreading full vesting over five years. After this grant, Burns directly holds 31,133 common shares and indirectly holds 25,000 common shares through a 401(k) plan, aligning her compensation more closely with shareholder outcomes.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Burns Melissa C.

Role CFO and Treasurer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	31,133	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 31,133 shares (Direct); Common Stock — 25,000 shares (Indirect, By 401(k) Plan)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

Burns Melissa C.

(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)
	CFO and Treasurer

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 for its CFO?

Fifth District Bancorp reported that CFO and Treasurer Melissa C. Burns received 31,133 shares of common stock as a stock grant on February 9, 2026. The shares were issued at $0 per share, indicating a compensation award rather than an open-market purchase.

How do Melissa C. Burns’s restricted FDSB shares vest over time?

The 31,133 restricted shares granted to Melissa C. Burns vest at a rate of 20% per year starting February 9, 2027. This schedule spreads vesting evenly over five years, encouraging longer-term alignment with Fifth District Bancorp’s performance and shareholder interests.

How many Fifth District Bancorp shares does the CFO own after this Form 4 filing?

After the reported transaction, CFO Melissa C. Burns directly owns 31,133 shares of Fifth District Bancorp common stock. She also indirectly holds 25,000 additional common shares through a 401(k) plan, reflecting both direct and retirement-related equity exposure to the company.

Was the FDSB CFO’s recent stock grant a purchase or a compensation award?

The transaction was a compensation award, not a purchase. The Form 4 shows 31,133 common shares acquired under transaction code “A” at a price of $0 per share, consistent with restricted stock granted as part of an executive compensation package at Fifth District Bancorp.

What indirect Fifth District Bancorp holdings does the CFO report on Form 4?

In addition to directly held shares, CFO Melissa C. Burns reports 25,000 shares of Fifth District Bancorp common stock held indirectly through a 401(k) plan. These shares are categorized as indirect ownership, reflecting retirement-plan holdings rather than personally registered stock.