FS Bancorp (NASDAQ: FSBW) CIO acquires 35 shares via plan

Rhea-AI Filing Summary

FS Bancorp, Inc. executive Shana Allen, Chief Information Officer and EVP, reported a small share purchase. On 02/06/2026, Allen acquired 35 shares of FS Bancorp common stock at $42.28 per share.

The shares were purchased under FS Bancorp’s Nonqualified 2022 Stock Purchase Plan and include a 25% company match. Following this transaction, Allen directly held 284 common shares, in addition to other direct and ESOP-related indirect holdings reported in the filing.

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
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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 WA 98043

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FS Bancorp, Inc. [ FSBW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Information Officer, EVP

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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	02/06/2026		J(1)		35	A	$42.28	284	D
Common Stock								6,439	D
Common Stock								8,766	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were purchased under the Issuer's Nonqualified 2022 Stock Purchase Plan and includes a 25% match.

	/s/ Shana Allen	02/09/2026
	** 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).
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FAQ

What insider transaction did FSBW executive Shana Allen report?

FS Bancorp executive Shana Allen reported buying 35 shares of common stock. The purchase occurred on 02/06/2026 under the company’s Nonqualified 2022 Stock Purchase Plan, at a price of $42.28 per share, and included a 25% company match.

What is Shana Allen’s role at FS Bancorp (FSBW)?

Shana Allen serves as Chief Information Officer and Executive Vice President at FS Bancorp. This role makes her a reporting insider, so her transactions in FS Bancorp common stock must be disclosed publicly through regulatory forms detailing share purchases, sales, and holdings.

How many FS Bancorp shares did Shana Allen hold directly after the reported trade?

After acquiring 35 shares on 02/06/2026, Shana Allen directly held 284 shares of FS Bancorp common stock. The filing also lists additional direct holdings and indirect ownership through an ESOP, reported separately from the 284 directly held shares.

At what price were the FSBW shares purchased in this insider transaction?

The reported transaction shows Shana Allen purchased 35 FS Bancorp common shares at $42.28 each. This per-share price is tied to the company’s Nonqualified 2022 Stock Purchase Plan, under which the transaction occurred and which also provided a 25% match.

What plan was used for Shana Allen’s February 2026 FS Bancorp share purchase?

The 35 FS Bancorp shares were purchased under the company’s Nonqualified 2022 Stock Purchase Plan. According to the disclosure, this plan purchase included a 25% match, meaning the company contributed additional shares based on the amount Allen purchased.

Does the FS Bancorp filing show any indirect ownership for Shana Allen?

Yes. In addition to directly held shares, the filing reports indirect ownership of FS Bancorp common stock by an ESOP. One line item lists 8,766 shares held indirectly "By ESOP," reflecting employee stock ownership plan interests associated with Allen.