FS Bancorp (FSBW) Director Joseph Zavaglia Receives 1,200-Share Award

What Happened

• Joseph P. Zavaglia, a director of FS Bancorp, was granted 1,200 restricted shares (award code A) on August 14, 2026 at $0.00 per share. On the same date, 188 shares were disposed (code F) to satisfy tax withholding at $43.48 per share, totaling $8,174. The award represents restricted stock rather than an open-market purchase or sale.

Key Details

• Transaction date: August 14, 2026; Form 4 filed (accession) August 18, 2026.
• Grant: 1,200 restricted shares @ $0.00 (award).
• Tax withholding: 188 shares disposed @ $43.48 = $8,174 (code F).
• Shares owned after transaction: not specified in the filing.
• Footnote: Awarded under the FS Bancorp, Inc. 2026 Equity Incentive Plan; the restricted stock vests on August 15, 2027.
• Filing timeliness: Form lists filing date; no late-filing flag is included in the filing information provided.

Context

• The grant is an equity award (restricted stock) that vests in the future—common compensation for directors and not the same signal as an open-market purchase. The 188-share disposition is a routine tax-withholding event (shares surrendered/withheld to cover taxes), not a standalone sale for investment purposes.