FS Bancorp, Inc.·4

May 8, 12:52 PM ET

Andrews Pamela Marie 4

Research Summary

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FS Bancorp (FSBW) Director Pamela Andrews Buys 423 Shares

What Happened Pamela Marie Andrews, a director of FS Bancorp, acquired 423 shares on May 6, 2026 at $41.37 per share, for a total cost of roughly $17,500. The Form 4 (filed May 8, 2026) classifies the transaction as "Other acquisition or disposition (J)" and shows the shares were purchased under the issuer's Nonqualified 2022 Stock Purchase Plan, which included a 25% company match. This was a purchase (more often viewed as a constructive signal than a sale), though filings do not state the insider's motives.

Key Details

  • Transaction date and price: 2026-05-06 at $41.37 per share.
  • Shares acquired / value: 423 shares; total ≈ $17,500.
  • Transaction code: J — "Other acquisition or disposition."
  • Shares owned after transaction: not specified in the provided filing summary.
  • Footnote: F1 — Purchased under the Issuer's Nonqualified 2022 Stock Purchase Plan; includes a 25% match.
  • Filing timeliness: Reported on Form 4 filed 2026-05-08 (appears timely relative to the 05-06 transaction).

Context A purchase under a company stock purchase plan typically reflects participation in a routine compensation or buying program; the 25% match means a portion of the shares represent an employer match rather than an additional open-market buy. While insider purchases can be of interest to investors, this transaction is modest in size and should be considered alongside other disclosures and company fundamentals.