FS Bancorp (FSBW) Director Joseph C. Adams Buys $5,000 Stock

What Happened Joseph C. Adams, a director of FS Bancorp, acquired 115.554 shares of FS Bancorp (FSBW) on August 6, 2026, at an effective price of $43.27 per share for a total value of $5,000. The reported transaction is an acquisition (transaction code J) made through the issuer's Nonqualified 2022 Stock Purchase Plan and includes a 25% company match. This is a purchase rather than a sale and is typically viewed as a routine purchase under an employee/insider plan.

Key Details

• Transaction date: 2026-08-06; Filing date: 2026-08-10 (appears timely — filed within two business days).
• Shares acquired: 115.554 at $43.27 per share; Total value reported: $5,000.
• Transaction code: J (other acquisition/disposition); footnote clarifies plan-based purchase.
• Footnote: Purchased under the Issuer's Nonqualified 2022 Stock Purchase Plan and includes a 25% match.
• Shares owned after transaction: Not specified in the filing.

Context

• Purchases made through company stock purchase plans are common for insiders and often reflect routine participation in compensation or savings programs rather than ad hoc market-timing. The 25% employer match increases the effective benefit of the buy.
• The size of this purchase ($5k) is modest; small plan-based buys are less informative about broader insider sentiment than larger, discretionary purchases.