FS Bancorp (FSBW) Director Pamela Andrews Receives Award of 1,200 Shares
$FSBW · FS Bancorp, Inc.Research Summary
AI-generated summary of this SEC filing
FS Bancorp (FSBW) Director Pamela Andrews Receives Award of 1,200 Shares
What Happened
Pamela Marie Andrews, a director of FS Bancorp, was granted 1,200 shares of restricted stock (transaction code A) on 2026-08-14. The award was granted under the FS Bancorp, Inc. 2026 Equity Incentive Plan. No per-share price or immediate cash value is reported for the grant; the shares vest on August 15, 2027. This is an equity award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-08-14 (grant of 1,200 restricted shares).
- Filing date: 2026-08-18 (filed 4 days after the transaction; appears late relative to the Form 4 2-business-day requirement).
- Transaction code: A (award/grant). Price: N/A (not reported).
- Vesting: Award vests on 2027-08-15 (per filing footnote).
- Shares owned after transaction: not specified in the summary provided.
- Footnote: Award of restricted stock pursuant to FS Bancorp, Inc. 2026 Equity Incentive Plan.
Context
Restricted stock awards vest over time and do not represent an immediate sale or open-market purchase. They increase potential future insider ownership if vesting conditions are met; they do not by themselves indicate an immediate cash investment or divestment by the insider. The late filing may be routine or administrative; Form 4 timeliness rules generally require reporting within two business days of the transaction.