FS Bancorp (NASDAQ: FSBW) director gets stock grant, sheds shares for taxes
Rhea-AI Filing Summary
FS Bancorp, Inc. (FSBW) director Joseph C. Adams reported equity compensation and related share withholding activity in common stock. On August 14, 2026, he acquired 1,200 shares through an award of restricted stock under the FS Bancorp, Inc. 2026 Equity Incentive Plan, which vests on August 15, 2027. On the same date, 2,699 shares of common stock were disposed of at $43.48 per share to satisfy payment of exercise price or tax liability by delivering or withholding securities. A separate line shows 17,818 shares held indirectly through an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,499 shares
Net Sell
4 txns
Insider
Adams Joseph C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,200 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,699 | $43.48 | $117K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 98,572 shares (Direct);
Common Stock — 17,818 shares (Indirect, By ESOP)
Footnotes (1)
- F1. Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2026 Equity Incentive Plan. Vests on August 15, 2027.
Key Figures
Restricted stock award: 1,200 shares
Vesting date: August 15, 2027
Shares disposed for exercise price or tax liability: 2,699 shares
+2 more
5 metrics
Restricted stock award
1,200 shares
Award of restricted common stock on August 14, 2026
Vesting date
August 15, 2027
Vesting date for the 1,200-share restricted stock award
Shares disposed for exercise price or tax liability
2,699 shares
Code F disposition on August 14, 2026
Disposition price per share
$43.48 per share
Price for the 2,699 shares delivered or withheld
Indirect ESOP holdings
17,818 shares
Common stock held indirectly by ESOP
Key Terms
restricted stock, 2026 Equity Incentive Plan, ESOP
3 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.
2026 Equity Incentive Plan financial
"Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2026 Equity Incentive Plan."
ESOP financial
"total_shares_following_transaction 17818.0000, nature_of_ownership 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 insider transactions did FSBW director Joseph C. Adams report on August 14, 2026?
On August 14, 2026, Joseph C. Adams reported a grant of 1,200 restricted shares of FS Bancorp, Inc. common stock and a disposition of 2,699 shares to cover exercise price or tax obligations.
What equity award did FSBW grant to director Joseph C. Adams?
FS Bancorp, Inc. granted Joseph C. Adams an award of 1,200 restricted shares of common stock under its 2026 Equity Incentive Plan. The award is in the form of restricted stock with vesting scheduled for August 15, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
