STOCK TITAN

[Form 4] FS Bancorp, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Ted A. Leech, a director and chairman of FS Bancorp, Inc. (FSBW), reported equity awards and a small sale on Form 4 dated 08/18/2025 reflecting transactions dated 08/15/2025. The filing shows receipt of 750 shares of restricted common stock under the company’s 2018 Equity Incentive Plan and an award of 1,500 stock options$40.14. The restricted stock and options both vest on August 15, 2026. The options have an exercise/expiration structure showing 08/15/2035 as the expiration date and zero listed price for the underlying shares in the table.

The report also discloses a reported disposition of 660 shares, beneficial ownership held directly of 47,649 shares after the transactions, indirect ownership via a self-managed trust of 2,000 shares, and 28,700 shares held as a stock award indirectly. Following the derivative transactions the filer reports 16,060 option shares beneficially owned. All information is taken directly from the Form 4 filing.

Ted A. Leech, amministratore e presidente di FS Bancorp, Inc. (FSBW), ha segnalato premi azionari e una piccola vendita nel Modulo 4 datato 18/08/2025 relativi a operazioni effettuate il 15/08/2025. Il documento indica la ricezione di 750 azioni di azioni ordinarie vincolate secondo il 2018 Equity Incentive Plan della società e l’assegnazione di 1.500 opzioni su azioni con un prezzo di esercizio di $40,14. Le azioni vincolate e le opzioni maturano entrambe il 15 agosto 2026. Le opzioni riportano una scadenza al 15/08/2035 e nella tabella il prezzo sottostante delle azioni è indicato come zero.

Il rapporto inoltre riporta la cessione di 660 azioni, una detenzione diretta di 47.649 azioni dopo le operazioni, una detenzione indiretta tramite un trust autogestito di 2.000 azioni e 28.700 azioni detenute indirettamente come premio azionario. Dopo le operazioni su strumenti derivati il dichiarante segnala di detenere beneficiariamente 16.060 opzioni. Tutte le informazioni provengono direttamente dal Modulo 4.

Ted A. Leech, director y presidente de FS Bancorp, Inc. (FSBW), reportó premios en acciones y una pequeña venta en el Formulario 4 con fecha 18/08/2025, correspondientes a transacciones del 15/08/2025. La presentación muestra la recepción de 750 acciones restringidas bajo el 2018 Equity Incentive Plan de la compañía y la adjudicación de 1.500 opciones sobre acciones con un precio de ejercicio de $40,14. Las acciones restringidas y las opciones vencen ambas el 15 de agosto de 2026. Las opciones indican una fecha de vencimiento el 15/08/2035 y en la tabla figura un precio subyacente de las acciones igual a cero.

El informe también revela una disposición de 660 acciones, una tenencia directa de 47.649 acciones tras las transacciones, una tenencia indirecta mediante un fideicomiso autoadministrado de 2.000 acciones y 28.700 acciones mantenidas indirectamente como premio en acciones. Tras las transacciones derivadas el declarante informa poseer beneficiariamente 16.060 opciones. Toda la información proviene directamente del Formulario 4.

Ted A. Leech는 FS Bancorp, Inc. (FSBW)의 이사이자 회장으로서 2025-08-18자 Form 4에 2025-08-15일자 거래를 반영한 주식 보상 및 소규모 매도를 보고했습니다. 신고서에는 회사의 2018 Equity Incentive Plan에 따라 제한주 750주를 수령했고, 행사가 $40.141,500주 상당의 스톡옵션이 수여된 것으로 기재되어 있습니다. 제한주와 옵션은 모두 2026년 8월 15일에 완전히 취득(베스팅)됩니다. 옵션의 만기일은 2035-08-15로 표기되어 있고, 표에서는 기초주식의 가격이 0으로 기재되어 있습니다.

보고서는 또한 660주 처분을 공개하고 있으며, 거래 후 직접적 보유는 47,649주, 자가 관리 신탁을 통한 간접 보유 2,000주, 스톡 어워드로 간접 보유한 28,700주를 기록했습니다. 파생상품 거래 이후 신고인은 16,060주 옵션을 실질적으로 보유하고 있다고 보고했습니다. 모든 정보는 Form 4에서 직접 가져온 것입니다.

Ted A. Leech, administrateur et président de FS Bancorp, Inc. (FSBW), a déclaré des attributions d’actions et une petite vente sur le Formulaire 4 daté du 18/08/2025, reflétant des transactions datées du 15/08/2025. Le dépôt indique la réception de 750 actions restreintes dans le cadre du 2018 Equity Incentive Plan de la société et l’attribution de 1 500 options sur actions avec un prix d’exercice de 40,14 $. Les actions restreintes et les options acquièrent toutes deux leurs droits le 15 août 2026. Les options affichent une date d’expiration le 15/08/2035 et le tableau indique un prix sous-jacent des actions égal à zéro.

Le rapport divulgue également une cession de 660 actions, une détention directe de 47 649 actions après les transactions, une détention indirecte via une fiducie autogérée de 2 000 actions et 28 700 actions détenues indirectement en tant que prime en actions. Après les opérations sur dérivés, le déclarant rapporte détenir bénéficiairement 16 060 options. Toutes les informations proviennent directement du Formulaire 4.

Ted A. Leech, Direktor und Vorsitzender von FS Bancorp, Inc. (FSBW), meldete Aktienzuwendungen und einen kleinen Verkauf in Formular 4 vom 18.08.2025, die Transaktionen vom 15.08.2025 betreffen. Die Einreichung zeigt den Erhalt von 750 Restricted Shares im Rahmen des 2018 Equity Incentive Plan des Unternehmens und die Zuteilung von 1.500 Aktienoptionen mit einem Ausübungspreis von $40,14. Die Restricted Shares und die Optionen werden beide am 15. August 2026 unverfallbar. Die Optionen haben ein Ablaufdatum am 15.08.2035, und in der Tabelle ist der zugrunde liegende Aktienpreis mit null angegeben.

Der Bericht legt außerdem eine gemeldete Veräußerung von 660 Aktien dar, einen direkten Besitz von 47.649 Aktien nach den Transaktionen, eine indirekte Beteiligung über einen selbstverwalteten Trust von 2.000 Aktien sowie 28.700 Aktien, die indirekt als Aktienzuwendung gehalten werden. Nach den Derivattransaktionen gibt der Melder an, wirtschaftlich 16.060 Optionsscheine zu besitzen. Alle Angaben stammen direkt aus dem Formular 4.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine executive equity compensation and minor sale; no new operational or financial disclosures.

The Form 4 documents standard equity compensation: a 750-share restricted stock grant and 1,500 stock options at a stated exercise price of $40.14, both vesting on 08/15/2026. A small 660-share disposition was also reported. The filing provides current beneficial ownership totals of 47,649 common shares (direct) and 16,060 option shares (derivative). For investors, this is a governance and insider-alignment data point rather than a signal of company performance; it documents compensation-related dilution potential on vesting/exercise dates.

TL;DR: Disclosure aligns with Section 16 reporting norms; reveals timing and vesting of director compensation.

The filing correctly reports the director’s awards under the 2018 Equity Incentive Plan and indicates vesting on 08/15/2026, which is important for transparency around insider incentives. The mix of restricted stock and options is typical for long-term alignment. The reported direct and indirect holdings and the small sale of 660 shares are the relevant governance data points for monitoring insider transactions and potential conflicts. No corrective amendments or irregularities are indicated in the document.

Ted A. Leech, amministratore e presidente di FS Bancorp, Inc. (FSBW), ha segnalato premi azionari e una piccola vendita nel Modulo 4 datato 18/08/2025 relativi a operazioni effettuate il 15/08/2025. Il documento indica la ricezione di 750 azioni di azioni ordinarie vincolate secondo il 2018 Equity Incentive Plan della società e l’assegnazione di 1.500 opzioni su azioni con un prezzo di esercizio di $40,14. Le azioni vincolate e le opzioni maturano entrambe il 15 agosto 2026. Le opzioni riportano una scadenza al 15/08/2035 e nella tabella il prezzo sottostante delle azioni è indicato come zero.

Il rapporto inoltre riporta la cessione di 660 azioni, una detenzione diretta di 47.649 azioni dopo le operazioni, una detenzione indiretta tramite un trust autogestito di 2.000 azioni e 28.700 azioni detenute indirettamente come premio azionario. Dopo le operazioni su strumenti derivati il dichiarante segnala di detenere beneficiariamente 16.060 opzioni. Tutte le informazioni provengono direttamente dal Modulo 4.

Ted A. Leech, director y presidente de FS Bancorp, Inc. (FSBW), reportó premios en acciones y una pequeña venta en el Formulario 4 con fecha 18/08/2025, correspondientes a transacciones del 15/08/2025. La presentación muestra la recepción de 750 acciones restringidas bajo el 2018 Equity Incentive Plan de la compañía y la adjudicación de 1.500 opciones sobre acciones con un precio de ejercicio de $40,14. Las acciones restringidas y las opciones vencen ambas el 15 de agosto de 2026. Las opciones indican una fecha de vencimiento el 15/08/2035 y en la tabla figura un precio subyacente de las acciones igual a cero.

El informe también revela una disposición de 660 acciones, una tenencia directa de 47.649 acciones tras las transacciones, una tenencia indirecta mediante un fideicomiso autoadministrado de 2.000 acciones y 28.700 acciones mantenidas indirectamente como premio en acciones. Tras las transacciones derivadas el declarante informa poseer beneficiariamente 16.060 opciones. Toda la información proviene directamente del Formulario 4.

Ted A. Leech는 FS Bancorp, Inc. (FSBW)의 이사이자 회장으로서 2025-08-18자 Form 4에 2025-08-15일자 거래를 반영한 주식 보상 및 소규모 매도를 보고했습니다. 신고서에는 회사의 2018 Equity Incentive Plan에 따라 제한주 750주를 수령했고, 행사가 $40.141,500주 상당의 스톡옵션이 수여된 것으로 기재되어 있습니다. 제한주와 옵션은 모두 2026년 8월 15일에 완전히 취득(베스팅)됩니다. 옵션의 만기일은 2035-08-15로 표기되어 있고, 표에서는 기초주식의 가격이 0으로 기재되어 있습니다.

보고서는 또한 660주 처분을 공개하고 있으며, 거래 후 직접적 보유는 47,649주, 자가 관리 신탁을 통한 간접 보유 2,000주, 스톡 어워드로 간접 보유한 28,700주를 기록했습니다. 파생상품 거래 이후 신고인은 16,060주 옵션을 실질적으로 보유하고 있다고 보고했습니다. 모든 정보는 Form 4에서 직접 가져온 것입니다.

Ted A. Leech, administrateur et président de FS Bancorp, Inc. (FSBW), a déclaré des attributions d’actions et une petite vente sur le Formulaire 4 daté du 18/08/2025, reflétant des transactions datées du 15/08/2025. Le dépôt indique la réception de 750 actions restreintes dans le cadre du 2018 Equity Incentive Plan de la société et l’attribution de 1 500 options sur actions avec un prix d’exercice de 40,14 $. Les actions restreintes et les options acquièrent toutes deux leurs droits le 15 août 2026. Les options affichent une date d’expiration le 15/08/2035 et le tableau indique un prix sous-jacent des actions égal à zéro.

Le rapport divulgue également une cession de 660 actions, une détention directe de 47 649 actions après les transactions, une détention indirecte via une fiducie autogérée de 2 000 actions et 28 700 actions détenues indirectement en tant que prime en actions. Après les opérations sur dérivés, le déclarant rapporte détenir bénéficiairement 16 060 options. Toutes les informations proviennent directement du Formulaire 4.

Ted A. Leech, Direktor und Vorsitzender von FS Bancorp, Inc. (FSBW), meldete Aktienzuwendungen und einen kleinen Verkauf in Formular 4 vom 18.08.2025, die Transaktionen vom 15.08.2025 betreffen. Die Einreichung zeigt den Erhalt von 750 Restricted Shares im Rahmen des 2018 Equity Incentive Plan des Unternehmens und die Zuteilung von 1.500 Aktienoptionen mit einem Ausübungspreis von $40,14. Die Restricted Shares und die Optionen werden beide am 15. August 2026 unverfallbar. Die Optionen haben ein Ablaufdatum am 15.08.2035, und in der Tabelle ist der zugrunde liegende Aktienpreis mit null angegeben.

Der Bericht legt außerdem eine gemeldete Veräußerung von 660 Aktien dar, einen direkten Besitz von 47.649 Aktien nach den Transaktionen, eine indirekte Beteiligung über einen selbstverwalteten Trust von 2.000 Aktien sowie 28.700 Aktien, die indirekt als Aktienzuwendung gehalten werden. Nach den Derivattransaktionen gibt der Melder an, wirtschaftlich 16.060 Optionsscheine zu besitzen. Alle Angaben stammen direkt aus dem Formular 4.

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
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*
Leech Ted A.

(Last) (First) (Middle)
C/O FS BANCORP, INC.
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)
X Director 10% Owner
Officer (give title below) X Other (specify below)
Chairman of the Board
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
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 08/15/2025 A 750 A (1) 47,649 D
Common Stock 660 D
Common Stock 2,000 I Self Managed Trust
Common Stock 28,700 I Stock Award
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
Stock Options (Right to Buy) $40.14 08/15/2025 A 1,500 (2) 08/15/2035 Common Stock 1,500 $0 16,060 D
Explanation of Responses:
1. Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2018 Equity Incentive Plan. Vests on August 15, 2026.
2. Stock Options awarded pursuant to the FS Bancorp, Inc. 2018 Equity Incentive Plan. Vests on August 15, 2026.
/s/Ted A. Leech 08/18/2025
** 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).
** 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.

FAQ

What transactions did Ted A. Leech report on Form 4 for FSBW?

The filing reports acquisition of 750 restricted shares, grant of 1,500 stock options at an exercise price of $40.14, and a disposition of 660 shares, all dated 08/15/2025.

When do the awarded restricted stock and options vest?

Both the restricted stock and the stock options vest on August 15, 2026 according to the filing.

How many shares does Ted A. Leech beneficially own after the reported transactions?

The Form 4 shows 47,649 shares beneficially owned following the reported transactions and 16,060 option shares beneficially owned (derivative).

What is the exercise price and expiration for the reported options?

The reported stock options have an exercise price of $40.14 and show an expiration date of 08/15/2035.

Under which plan were the equity awards made?

The restricted stock and stock options were awarded pursuant to the FS Bancorp, Inc. 2018 Equity Incentive Plan.
Fs Bancorp Inc

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Banks - Regional
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United States
MOUNTLAKE TERRACE