FS Bancorp director plans $42K stock sale

FS Bancorp, Inc. (FSBW) received a Rule 144 notice indicating that director Terri L. Degner, through Fidelity Brokerage Services LLC, plans to sell 975 shares of FS Bancorp common stock.

Rhea-AI Filing Summary

FS Bancorp, Inc. (FSBW) received a Rule 144 notice indicating that director Terri L. Degner, through Fidelity Brokerage Services LLC, plans to sell 975 shares of FS Bancorp common stock. These shares relate to restricted stock vesting dated August 15, 2026 and are to be sold on NASDAQ.

The filing also reports that during the prior three months, Terri Degner sold 1,694 shares of FS Bancorp common stock for aggregate proceeds of $72,820.68. FS Bancorp had 7,431,972 shares outstanding of this class as of August 28, 2026; this is a baseline figure, not the amount being sold.

Key Figures

Shares to be sold: 975 shares of common stock Aggregate market value of shares to be sold: $42,168.75 Shares outstanding of class: 7,431,972 shares +5 more

8 metrics

Shares to be sold 975 shares of common stock Planned sale by Terri L. Degner under Rule 144

Aggregate market value of shares to be sold $42,168.75 975 FS Bancorp common shares covered by current notice

Shares outstanding of class 7,431,972 shares FS Bancorp common stock as of August 28, 2026

Restricted stock vesting date August 15, 2026 Source of 975 shares to be sold as compensation

Past 3 months shares sold 1,694 shares FS Bancorp common stock sold on August 26, 2026

Proceeds from past 3 months sales $72,820.68 Aggregate proceeds from 1,694 shares sold by Terri Degner

Planned sale execution venue NASDAQ Exchange where the 975 shares are to be sold

Form 144 signature date August 28, 2026 Date signed by Jessica Spraker as attorney-in-fact

Key Terms

Rule 144, Restricted Stock Vesting, aggregate market value, NASDAQ, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Vesting financial

"Common | 08/15/2026 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

aggregate market value financial

"Common | Fidelity Brokerage Services LLC ... | 975 | 42168.75"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

NASDAQ market

"7431972 | 08/28/2026 | NASDAQ"

The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

attorney-in-fact regulatory

"as a duly authorized representative of ... as attorney-in-fact for Terri Degner."

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing report for FSBW (FS Bancorp, Inc.)?

It reports that director Terri L. Degner, via Fidelity Brokerage Services LLC, intends to sell 975 shares of FS Bancorp common stock under Rule 144, with the shares tied to restricted stock vesting dated August 15, 2026.

How many FSBW shares is Terri Degner planning to sell and through whom?

Terri L. Degner plans to sell 975 shares of FS Bancorp common stock through Fidelity Brokerage Services LLC. The securities are to be sold on NASDAQ under Rule 144.

What prior FSBW stock sales by Terri Degner are disclosed in this Form 144?

The notice discloses that on August 26, 2026, Terri Degner sold 1,694 shares of FS Bancorp common stock for aggregate proceeds of $72,820.68 during the past three months.

What is the aggregate market value of the FSBW shares covered by this Form 144?

The 975 shares of FS Bancorp common stock covered by the notice have an aggregate market value of $42,168.75, based on the information provided in the Form 144 securities section.

How many FS Bancorp (FSBW) shares are outstanding for the class involved?

For the class of common stock involved, 7,431,972 shares were outstanding as of August 28, 2026. This figure provides context for the size of the reported sales under Rule 144.

What is the source of the FSBW shares Terri Degner plans to sell?

The 975 shares Terri Degner plans to sell are tied to Restricted Stock Vesting dated August 15, 2026, and are listed as compensation-related securities from the issuer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/28/2026 - 11:25 AM EDT Accepted by SEC EDGAR 08/28/2026 - 11:24 AM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001505271
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	FS Bancorp, Inc.
SEC File Number	001-35589
Address of Issuer	6920 220TH STREET SW MOUNTLAKE TERRACE WASHINGTON 98043
Phone	425-771-5299
Name of Person for Whose Account the Securities are To Be Sold	Degner Terri L
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	975	42168.75	7431972	08/28/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/15/2026	Restricted Stock Vesting	Issuer			975	08/15/2026	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Terri Degner 6920 220th Street SW Mountlake Terrace WA 98043	Common	08/26/2026	1694	72820.68

144: Remarks and Signature

Remarks
Date of Notice	08/28/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Jessica Spraker, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Terri Degner.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)