Nielsen Kelli 4

What Happened

• Kelli Nielsen, Executive Vice President and Chief Retail Banking Officer of FS Bancorp (FSBW), acquired 18 shares on 2026-02-06 at $42.28 per share for a total of about $761. The transaction is an acquisition (code J) and, per the filing, the shares were purchased through the issuer's Nonqualified 2022 Stock Purchase Plan and include a 25% employer match.

Key Details

• Transaction date and price: 2026-02-06 at $42.28 per share.
• Shares acquired: 18; total transaction value ≈ $761.
• Footnote: Purchase made under the Issuer's Nonqualified 2022 Stock Purchase Plan and includes a 25% match (company contribution).
• Filing date: 2026-02-10 — filed within the normal reporting window for Form 4 (timely).
• Shares owned after the transaction: not specified in the provided excerpt.

Context

• This was a routine employee purchase under a company stock purchase plan (with employer match), which is typically considered a modest bullish signal but is small in dollar terms here. It does not indicate any specific insider strategy beyond participation in the company plan.