FS Bancorp (FSBW) officer acquires shares via 2022 stock plan

Rhea-AI Filing Summary

FS Bancorp, Inc. executive Erin Burr, CRO & CRA Officer and EVP, reported a small insider stock purchase. On February 6, 2026, she acquired 213 shares of FS Bancorp common stock at $42.28 per share under the company’s Nonqualified 2022 Stock Purchase Plan, which includes a 25% match.

Following this transaction, Burr reports 3,098 shares of common stock directly held in this account. She also reports an additional 27,250 common shares held directly and 7,875 common shares held indirectly by ESOP, showing her overall stake through both direct ownership and the employee stock ownership structure.

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

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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^*

Burr Erin

(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)
	CRO & CRA 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)		213	A	$42.28	3,098	D
Common Stock								27,250	D
Common Stock								7,875	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/Erin Burr	02/10/2026
	** 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).
** 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 insider transaction did FS Bancorp (FSBW) officer Erin Burr report?

Erin Burr reported buying 213 FS Bancorp common shares on February 6, 2026. The shares were acquired at $42.28 each under the Nonqualified 2022 Stock Purchase Plan, which provides a 25% company match on purchases.

At what price and under what plan did Erin Burr buy FS Bancorp (FSBW) shares?

She purchased 213 FS Bancorp common shares at $42.28 per share. The acquisition occurred through the company’s Nonqualified 2022 Stock Purchase Plan, which the filing notes includes a 25% matching component from the issuer on eligible purchases.

How many FS Bancorp (FSBW) shares does Erin Burr hold after the reported transaction?

After the transaction, Burr holds 3,098 FS Bancorp common shares directly in the account tied to this purchase. She also reports 27,250 additional common shares held directly and 7,875 common shares held indirectly through an ESOP arrangement.

What does the indirect FS Bancorp (FSBW) ownership "By ESOP" mean for Erin Burr?

The filing shows 7,875 FS Bancorp common shares held indirectly "By ESOP." This indicates part of her beneficial interest is through an employee stock ownership plan structure, separate from shares she holds directly in her own name.

What is transaction code "J" in Erin Burr’s FS Bancorp (FSBW) Form 4?

Transaction code "J" indicates an acquisition or disposition that does not fit standard open-market categories. Here, it reflects Erin Burr’s 213-share purchase under FS Bancorp’s Nonqualified 2022 Stock Purchase Plan with a 25% issuer matching feature.

What role does Erin Burr hold at FS Bancorp (FSBW) in this Form 4 filing?

The Form 4 identifies Erin Burr as an officer of FS Bancorp, serving as CRO & CRA Officer and Executive Vice President. Her position classifies her as a reporting insider required to disclose changes in beneficial ownership of company common stock.