FS Bancorp (FSBW) Chairman Ted A. Leech Receives Award

What Happened

• Ted A. Leech, Director and Chairman of the Board of FS Bancorp, was granted 1,200 restricted shares on 2026-08-14. The Form 4 reports the acquisition price as $0.00 (award), total reported value $0. These shares are awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-08-14; Filing date: 2026-08-18 (filed within the typical two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,200; reported acquisition price: $0.00; reported total value: $0.
• Shares owned after transaction: Not specified in this filing.
• Footnote: Awarded under the FS Bancorp, Inc. 2026 Equity Incentive Plan; vesting date is August 15, 2027.

Context

• These are restricted stock awards that generally vest over time and may be forfeited if vesting conditions aren’t met; they are compensation rather than a market purchase. Such grants align executive/director compensation with shareholder interests but do not, by themselves, indicate immediate buying or selling intent.