Leech Ted A. 4

What Happened
Ted A. Leech, a director and Chairman of the Board of FS Bancorp, acquired 212 shares on May 6, 2026 at $41.37 per share, for a total transaction value of approximately $8,770. The transaction is reported as an "other acquisition" (code J) and reflects a purchase under the issuer’s Nonqualified 2022 Stock Purchase Plan.

Key Details

• Transaction date: 2026-05-06; reported on Form 4 filed 2026-05-08 (appears timely).
• Price and amount: 212 shares at $41.37 per share; total ≈ $8,770.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Shares were purchased under the issuer’s Nonqualified 2022 Stock Purchase Plan, which includes a 25% company match (the match increases shares received).
• Transaction code: J (other acquisition/disposition).

Context
This was a purchase under a company stock purchase plan rather than an open-market trade. Purchases by insiders can be viewed as more informative than routine sales, but the plan-match structure (25% match) means part of the increase in holdings arises from the plan terms. No indication of a sale or cashless exercise in this filing.