FS Bancorp (FSBW) Director Marina Cofer-Wildsmith Receives 1,200-Share Award

What Happened

• Marina Cofer-Wildsmith, a director of FS Bancorp (FSBW), received an award of 1,200 restricted shares on 2026-08-14 under the 2026 Equity Incentive Plan. The award is reported as an acquisition (code A).
• To cover tax withholding related to that award, 188 shares were surrendered/withheld (reported as code F) at a reported per-share value of $43.48, totaling about $8,174. This withholding is a disposition for tax purposes, not an open-market sale.

Key Details

• Transaction date: 2026-08-14; Form 4 filed: 2026-08-18 (filed within the two-business-day window).
• Award: 1,200 restricted shares (code A); Vesting: August 15, 2027 (see footnote).
• Tax withholding: 188 shares withheld (code F) at $43.48/share, ~$8,174 total.
• Shares owned after the transaction: Not specified in the filing.
• Footnote: Awarded pursuant to the FS Bancorp, Inc. 2026 Equity Incentive Plan; vests on 8/15/2027.
• Interpretation of codes: A = award/grant; F = payment of tax liability via share withholding.

Context

• Restricted stock awards are compensation and typically vest over time; the 1,200 shares will not be free of restrictions until the stated vesting date.
• The 188-share disposition reflects tax withholding rather than a market sale and is routine following equity awards; it does not necessarily indicate the director’s view on the company’s stock.