STOCK TITAN

FS Bancorp (NASDAQ: FSBW) director granted 1,200 shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FS Bancorp, Inc. (FSBW) director Joseph P. Zavaglia reported equity compensation activity in company common stock. He received an award of 1,200 shares of restricted stock on August 14, 2026 under the FS Bancorp, Inc. 2026 Equity Incentive Plan, which vests on August 15, 2027. On the same date, 188 shares of common stock were delivered or withheld at $43.48 per share for payment of exercise price or tax liability. He also reports 9,614 shares held indirectly through an IRA.

Positive

  • None.

Negative

  • None.
Insider Zavaglia Joseph P.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 1,200 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 188 $43.48 $8K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 8,253 shares (Direct); Common Stock — 9,614 shares (Indirect, By IRA)
Footnotes (1)
  1. F1. Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2026 Equity Incentive Plan. Vests on August 15, 2027.
Restricted stock award 1,200 shares Award of restricted common stock on August 14, 2026 under 2026 Equity Incentive Plan
Shares delivered/withheld 188 shares Shares delivered or withheld for payment of exercise price or tax liability on August 14, 2026
Price per share for code F transaction $43.48 per share Value used for the 188-share payment of exercise price or tax liability
Indirect IRA holdings 9,614 shares Total common shares held indirectly by IRA after the reported transactions
Vesting date of restricted stock August 15, 2027 Vesting date for the 1,200-share restricted stock award
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.
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
IRA financial
"total_shares_following_transaction 9614.0000 direct_or_indirect I nature_of_ownership By IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

FAQ

What insider transactions did FSBW director Joseph P. Zavaglia report on August 14, 2026?

He reported a grant of 1,200 restricted shares of FS Bancorp, Inc. common stock and a disposition of 188 shares delivered or withheld at $43.48 per share for payment of exercise price or tax liability.

What equity award did FSBW grant to director Joseph P. Zavaglia?

FS Bancorp, Inc. granted him 1,200 shares of restricted stock under the 2026 Equity Incentive Plan. According to the disclosure, these restricted shares vest on August 15, 2027, subject to the plan’s usual terms and conditions.

Why were 188 shares of FSBW common stock disposed of in this Form 4?

The 188 shares of FS Bancorp, Inc. common stock were delivered or withheld at $43.48 per share as payment of exercise price or tax liability, consistent with transaction code F in the insider report.

When do Joseph P. Zavaglia’s new FSBW restricted shares vest?

The 1,200 restricted shares of FS Bancorp, Inc. common stock granted to Joseph P. Zavaglia vest on August 15, 2027, as specified in the footnote to the award under the 2026 Equity Incentive Plan.

How many FSBW shares does Joseph P. Zavaglia hold indirectly through an IRA?

He reports 9,614 shares of FS Bancorp, Inc. common stock held indirectly by IRA. This reflects the indirect position noted in the Form 4, separate from directly held or awarded shares.

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*
Zavaglia Joseph P.

(Last)(First)(Middle)
C/O FS BANCORP, INC.
6920 220TH STREET SW, SUITE 300

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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 Stock08/14/2026A1,200A$0(1)7,656D
Common Stock08/14/2026F188D$43.487,468D
Common Stock785D
Common Stock9,614IBy IRA
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 on August 15, 2027.
/s/Joseph P. Zavaglia08/17/2026
** 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)