FS Bancorp (NASDAQ: FSBW) chair adds 207 shares under 2022 stock plan

Rhea-AI Filing Summary

FS Bancorp, Inc. Chairman of the Board Ted A. Leech acquired 207 shares of common stock on February 6, 2026 at $42.28 per share. The shares were purchased under the company’s Nonqualified 2022 Stock Purchase Plan and include a 25% match.

After this transaction, filings show Leech holding 211 and 750 common shares directly, plus 78,485 common shares indirectly through a self-managed trust.

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

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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^*

Leech Ted A.

(Last) (First) (Middle)

C/O FS BANCORP, INC.

6920 220TH STREET SW, SUITE 300

(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)
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)		207	A	$42.28	211	D
Common Stock								750	D
Common Stock								78,485	I	Through Self-Managed Trust

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/Ted A. Leech	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).
** 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 Ted A. Leech report at FS Bancorp (FSBW)?

Ted A. Leech, Chairman of the Board of FS Bancorp, reported buying 207 shares of common stock. The purchase occurred on February 6, 2026 at a price of $42.28 per share under the company’s Nonqualified 2022 Stock Purchase Plan with a 25% match.

At what price were the FS Bancorp (FSBW) shares acquired in this Form 4?

The reported purchase price was $42.28 per FS Bancorp common share. This price applied to 207 shares acquired on February 6, 2026 under the Nonqualified 2022 Stock Purchase Plan, which also provided an additional 25% matching component to the acquisition.

How many FS Bancorp (FSBW) shares does Ted A. Leech hold after this transaction?

After the reported transaction, filings show Ted A. Leech holding 211 and 750 FS Bancorp common shares directly, and 78,485 common shares indirectly. The indirect holdings are reported as being held through a self-managed trust as of the transaction date.

What is the Nonqualified 2022 Stock Purchase Plan mentioned in the FS Bancorp Form 4?

The Nonqualified 2022 Stock Purchase Plan is the program under which Ted A. Leech acquired 207 FS Bancorp shares. The filing notes that these shares were purchased under this plan and that the purchase includes a 25% match, enhancing the total shares received.

What role does Ted A. Leech have at FS Bancorp (FSBW) according to this filing?

Ted A. Leech is identified as a director and Chairman of the Board of FS Bancorp. The Form 4 indicates his relationship to the issuer by checking the Director box and specifying “Chairman of the Board” as an additional position held with the company.

How are Ted A. Leech’s indirect FS Bancorp (FSBW) holdings structured in this Form 4?

The Form 4 reports that 78,485 FS Bancorp common shares are held indirectly by Ted A. Leech. These indirect holdings are described as being held "Through Self-Managed Trust," indicating the trust structure for that portion of his beneficial ownership.