FS Bancorp EVP acquires shares via stock plan
FS Bancorp, Inc. executive Kelli Nielsen, Chief Retail Banking EVP, reported an other-type acquisition of 18 shares of common stock at $41.37 per share.
Rhea-AI Filing Summary
FS Bancorp, Inc. executive Kelli Nielsen, Chief Retail Banking EVP, reported an other-type acquisition of 18 shares of common stock at $41.37 per share. A footnote explains these shares were purchased under the issuer's Nonqualified 2022 Stock Purchase Plan and include a 25% matching component.
Following this transaction, Nielsen directly holds 16,023 common shares, plus 127 shares tied to this plan entry, and indirectly holds 2,681 shares through an ESOP. The filing reflects a small, compensation-related ownership increase rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 18 shares
Other
3 txns
Insider
Nielsen Kelli
Role
Chief Retail Banking, EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 18 | $41.37 | $744.66 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,150 shares (Direct);
Common Stock — 2,681 shares (Indirect, By ESOP)
Footnotes (1)
- F1. These shares were purchased under the Issuer's Nonqualified 2022 Stock Purchase Plan and includes a 25% match.
Key Figures
Plan transaction size: 18 shares
Plan transaction price: $41.37 per share
Direct holdings after transaction: 16,023 shares
+3 more
6 metrics
Plan transaction size
18 shares
Common Stock under Nonqualified 2022 Stock Purchase Plan
Plan transaction price
$41.37 per share
Price for 18-share transaction coded J on 2026-05-06
Direct holdings after transaction
16,023 shares
Common Stock directly owned as of 2026-05-06
ESOP indirect holdings
2,681 shares
Common Stock held indirectly by ESOP as of 2026-05-06
Direct plan-related balance
127 shares
Total shares following 18-share J-code transaction
Restructuring shares
18 shares
transactionSummary restructuringShares for J-code event
Key Terms
Nonqualified 2022 Stock Purchase Plan, ESOP, Form 4, other acquisition or disposition, +1 more
5 terms
Nonqualified 2022 Stock Purchase Plan financial
"These shares were purchased under the Issuer's Nonqualified 2022 Stock Purchase Plan"
ESOP financial
"direct_or_indirect: I, 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
indirect ownership financial
"ownership_type: indirect, ownership_code: I"
FAQ
What did FS Bancorp (FSBW) executive Kelli Nielsen report in this Form 4?
Kelli Nielsen reported an other-type acquisition of 18 FS Bancorp common shares at $41.37 each. A footnote states the shares were purchased under the Nonqualified 2022 Stock Purchase Plan and include a 25% match, indicating a compensation-related transaction.
Was the FS Bancorp (FSBW) Form 4 transaction an open-market buy or sell?
No, the Form 4 classifies the event under code J, an “other acquisition or disposition,” not a standard market buy or sell. A footnote clarifies the 18 shares were purchased under the Nonqualified 2022 Stock Purchase Plan with a 25% match component.
How are indirect holdings reported for Kelli Nielsen in FS Bancorp (FSBW)?
Indirect ownership is reported as 2,681 FS Bancorp common shares held “By ESOP.” The entry is marked as indirect with ownership code I, indicating the shares are held through an employee stock ownership plan rather than directly in Nielsen’s personal brokerage account.
AI-generated analysis. How Rhea-AI works. Not financial advice.
