FS Bancorp (FSBW) credit chief sells 907 shares in open-market trade
Rhea-AI Filing Summary
FS Bancorp, Inc. (FSBW) reported that Chief Credit Admin. Officer Sean McCormick sold 907 shares of common stock on 2026-08-25 at a price of $42.86 per share in an open-market or private sale. Following this transaction, he holds 4,913 shares directly and 4,380 shares indirectly through an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 907 shares
Net Sell
2 txns
Insider
McCormick Sean
Role
Chief Credit Admin. Officer
Sold
907 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 907 | $42.86 | $39K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,913 shares (Direct);
Common Stock — 4,380 shares (Indirect, By ESOP)
Key Figures
Shares sold: 907 shares
Sale price per share: $42.86 per share
Direct holdings after transaction: 4,913 shares
+2 more
5 metrics
Shares sold
907 shares
Common stock sale on 2026-08-25
Sale price per share
$42.86 per share
Common stock sale by Sean McCormick
Direct holdings after transaction
4,913 shares
Common stock directly owned following the sale
Indirect holdings after transaction
4,380 shares
Common stock held indirectly by ESOP
Net buy/sell shares
-907 shares
Net effect of reported non-derivative transactions
Key Terms
open market or private transaction, indirect ownership, ESOP
3 terms
open market or private transaction financial
"transaction code description "Sale in open market or private transaction""
indirect ownership financial
"ownership_type "indirect" with nature_of_ownership "By ESOP""
ESOP financial
"nature_of_ownership listed as "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 transaction did FSBW report for Sean McCormick?
FS Bancorp reported that Sean McCormick, Chief Credit Admin. Officer, sold 907 shares of common stock on 2026-08-25 at $42.86 per share in a sale described as an open-market or private transaction.
What type of transaction code was used for Sean McCormick’s FSBW trade?
The transaction used code S, which the filing describes as a sale in open market or private transaction of FS Bancorp common stock.
Does the Form 4 indicate a Rule 10b5-1 trading plan for the FSBW transaction?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), so the sale is not identified as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.