STOCK TITAN

FS Bancorp (FSBW) exec gets stock grant, 561 shares for taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FS Bancorp, Inc. (FSBW) reported equity compensation activity for executive officer Shana Allen, Chief Information Office, EVP. On 2026-08-14, Allen received a grant of 3,164 shares of common stock as restricted stock under the FS Bancorp, Inc. 2026 Equity Incentive Plan; this award vests in equal installments of 25% per year beginning on August 15, 2027. On the same date, 561 shares of common stock were delivered or withheld at $43.48 per share for payment of exercise price or tax liability. A separate indirect holding entry shows 8,766 shares of common stock held by ESOP for Allen’s benefit.

Positive

  • None.

Negative

  • None.
Insider Allen Shana
Role Chief Information Office, EVP
Type Security Shares Price Value
Grant/Award Common Stock F1 3,164 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 561 $43.48 $24K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 9,397 shares (Direct); Common Stock — 8,766 shares (Indirect, By ESOP)
Footnotes (1)
  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.
Restricted stock grant 3,164 shares Award of restricted common stock to Shana Allen on 2026-08-14
Vesting rate 25% per year Restricted stock vests annually beginning on August 15, 2027
Shares for exercise price or tax liability 561 shares Common shares delivered or withheld on 2026-08-14 under code F
Code F price per share $43.48 per share Price used for the 561-share code F disposition on 2026-08-14
Indirect ESOP holdings 8,766 shares Common stock held indirectly for Allen by ESOP as of 2026-08-14
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.
Equity Incentive Plan financial
"Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2026 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
ESOP financial
"total_shares_following_transaction 8,766.0000, 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.
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description Payment of exercise price or tax liability by delivering or withholding"

FAQ

What insider share grant did FSBW report for executive Shana Allen on August 14, 2026?

FS Bancorp (FSBW) reported that Shana Allen received a grant of 3,164 restricted shares of common stock on August 14, 2026, under the 2026 Equity Incentive Plan, vesting 25% annually starting August 15, 2027.

How many FSBW shares were used to cover exercise price or taxes for Shana Allen?

On August 14, 2026, 561 FS Bancorp (FSBW) shares of common stock were delivered or withheld at $43.48 per share for payment of exercise price or tax liability related to Allen’s equity compensation.

What are the vesting terms of Shana Allen’s 3,164-share FSBW restricted stock award?

The 3,164 restricted shares of FS Bancorp (FSBW) common stock awarded to Shana Allen vest in four equal 25% installments each year, beginning on August 15, 2027, under the 2026 Equity Incentive Plan.

How many FS Bancorp (FSBW) shares does Shana Allen hold through the ESOP?

An indirect holding entry indicates that 8,766 FS Bancorp (FSBW) shares of common stock are held by ESOP for Shana Allen’s benefit as of the reported date, classified as indirect ownership.

Were Shana Allen’s August 14, 2026 FSBW transactions under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan for the August 14, 2026 transactions for Shana Allen, indicating no document-level affirmation of a 10b5-1 trading plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Allen Shana

(Last)(First)(Middle)
6920 220TH STREET SW

(Street)
MOUNTLAKE TERRACE WASHINGTON 98043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FS Bancorp, Inc. [ FSBW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Information Office, EVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/14/2026A3,164A$0(1)9,603D
Common Stock08/14/2026F561D$43.489,042D
Common Stock355D
Common Stock8,766IBy ESOP
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Shana Allen08/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)