FS Bancorp, Inc. 8-K

What Happened
FS Bancorp, Inc. (NASDAQ: FSBW) filed an 8-K reporting that Matthew D. Mullet was named Chief Executive Officer of the holding company effective June 1, 2026. This appointment implements the CEO succession plan the company announced on August 15, 2025. Mr. Mullet will continue to serve as President and CEO of 1st Security Bank and as President of FS Bancorp.

Key Details

• Matthew D. Mullet named CEO of FS Bancorp effective June 1, 2026.
• The CEO succession plan was previously announced on August 15, 2025.
• Mr. Mullet will keep his roles as President and CEO of 1st Security Bank and President of the holding company.
• Joe Adams retired as CEO of FS Bancorp on May 31, 2026 and will remain a director of the Company and the Bank.
• The company attached a press release dated June 1, 2026 as Exhibit 99.1 to the 8-K.

Why It Matters
The change formalizes planned leadership succession and signals continuity: the same executive who runs the bank (1st Security Bank) now leads the holding company, reducing transition risk for operations and strategy. For investors, this is primarily a corporate governance and leadership update—no financial results or compensation changes were disclosed in the filing.