STOCK TITAN

FS Bancorp (NASDAQ: FSBW) sets multi-year 2,989-share grant

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FS Bancorp, Inc. (FSBW) reported that executive officer Erin Burr received a grant of 2,989 shares of restricted common stock on August 14, 2026 under the FS Bancorp, Inc. 2026 Equity Incentive Plan, vesting in equal installments of 25% per year beginning on August 15, 2027. On the same date, 649 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 holding entry shows 7,875 shares of common stock held indirectly "By ESOP."

Positive

  • None.

Negative

  • None.
Insider Burr Erin
Role CRO & CRA Officer, EVP
Type Security Shares Price Value
Grant/Award Common Stock F1 2,989 -- --
Exercise Price or Tax Liability Common Stock 649 $43.48 $28K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 33,114 shares (Direct); Common Stock — 7,875 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 award 2,989 shares Grant of restricted common stock to Erin Burr on August 14, 2026
Vesting rate 25% per year Restricted stock vests in equal installments beginning August 15, 2027
Shares for exercise price or tax liability 649 shares Shares delivered or withheld at $43.48 per share on August 14, 2026
Implied share value $43.48 per share Value used for shares delivered or withheld for exercise price or tax liability
Indirect ESOP holdings 7,875 shares Common stock held indirectly "By ESOP" after reported transactions
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.
vests financial
"Vests in equal installments of 25% per year beginning on August 15, 2027."
ESOP financial
"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 executive Erin Burr report on August 14, 2026?

Erin Burr reported receiving a grant of 2,989 restricted shares of FS Bancorp common stock and the disposition of 649 shares used to pay an exercise price or tax liability, plus updated ESOP-related holdings.

How many FS Bancorp (FSBW) restricted shares were granted to Erin Burr and when do they vest?

Erin Burr was granted 2,989 shares of restricted stock under the 2026 Equity Incentive Plan. The award vests in four equal 25% annual installments, beginning on August 15, 2027, providing a multi‑year equity incentive schedule.

At what price were the 649 FS Bancorp (FSBW) shares used for tax or exercise payment valued?

The 649 shares of FS Bancorp common stock delivered or withheld for payment of exercise price or tax liability were valued at $43.48 per share. This transaction is coded "F" as payment via securities rather than a market sale.

How many FS Bancorp (FSBW) shares does Erin Burr hold indirectly through the ESOP?

A holding entry shows 7,875 shares of FS Bancorp common stock held indirectly "By ESOP." This reflects shares associated with an employee stock ownership plan, separate from directly held shares in Burr’s name.

Were Erin Burr’s FS Bancorp (FSBW) transactions reported under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmed, indicating the transactions were not reported as being made pursuant to a Rule 10b5-1 trading plan based on this disclosure.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Burr Erin

(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)
CRO & CRA Officer, 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 Stock08/14/2026A2,989A(1)33,555D
Common Stock08/14/2026F649D$43.4832,906D
Common Stock208D
Common Stock7,875IBy 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/Erin Burr08/17/2026
** 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)