FS Bancorp (FSBW) EVP receives 2,483-share stock grant
Rhea-AI Filing Summary
FS Bancorp, Inc. (FSBW) reported that officer Robert A. Nesbitt, Chief Credit Operations, EVP, received a grant of 2,483 shares of restricted common stock on August 14, 2026 under the FS Bancorp, Inc. 2026 Equity Incentive Plan. According to the terms, the award vests in equal installments of 25% per year beginning on August 15, 2027. On the same date, 283 shares of common stock were delivered or withheld at $43.48 per share for payment of exercise price or tax liability. Nesbitt also has 1,313 shares of common stock reported as held indirectly through an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,200 shares
Net Buy
4 txns
Insider
Nesbitt Robert A
Role
Chief Credit Operations, EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,483 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 283 | $43.48 | $12K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,771 shares (Direct);
Common Stock — 1,313 shares (Indirect, By ESOP)
Footnotes (1)
- F1. Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2026 Equity Incentive Plan. Vests in equal installments of 25% per year beginning on August 15, 2027.
Key Figures
Restricted stock granted: 2,483 shares
Vesting rate: 25% per year
Shares for exercise price or tax: 283 shares
+2 more
5 metrics
Restricted stock granted
2,483 shares
Award of restricted common stock on August 14, 2026
Vesting rate
25% per year
Restricted stock vests annually beginning August 15, 2027
Shares for exercise price or tax
283 shares
Delivered or withheld for payment of exercise price or tax liability
Per-share value for F transaction
$43.48 per share
Price applied to the 283-share payment transaction
Indirect ESOP holdings
1,313 shares
Common stock held indirectly by ESOP
Key Terms
restricted stock, FS Bancorp, Inc. 2026 Equity Incentive Plan, Exercise price or tax liability, ESOP
4 terms
restricted stock financial
"Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2026 Equity Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
FS Bancorp, Inc. 2026 Equity Incentive Plan financial
"Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2026 Equity Incentive Plan."
Exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
ESOP financial
"By ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
FAQ
What equity award did FSBW grant to Robert A. Nesbitt in this Form 4?
FS Bancorp (FSBW) granted Robert A. Nesbitt 2,483 shares of restricted common stock on August 14, 2026. The award was made under the FS Bancorp, Inc. 2026 Equity Incentive Plan and vests 25% per year starting August 15, 2027.
How does the restricted stock granted to the FSBW executive vest?
The restricted stock grant of 2,483 shares to the FSBW executive vests in equal 25% annual installments. Vesting begins on August 15, 2027, with additional 25% tranches vesting on each of the next three anniversaries, subject to plan terms.
Was the FSBW executive’s equity award made under a specific plan?
Yes. The 2,483-share restricted stock award to the FSBW executive was made under the FS Bancorp, Inc. 2026 Equity Incentive Plan. The plan governs terms such as vesting, which occurs in 25% annual installments starting August 15, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
