FS Bancorp (FSBW) CRO Erin Burr Receives Restricted Stock Award

What Happened Erin Burr, Chief Risk & CRA Officer and Executive Vice President of FS Bancorp (FSBW), was granted 2,989 restricted shares on 2026-08-14 under the company's 2026 Equity Incentive Plan (transaction code A). To satisfy tax withholding obligations (transaction code F), 649 of those shares were withheld at an indicated value of $43.48 per share, resulting in $28,219 withheld.

Key Details

• Transaction dates: Grant and withholding both reported for 2026-08-14; Form 4 filed 2026-08-18 (timely).
• Award: 2,989 restricted shares granted (price N/A for grant).
• Tax withholding/disposition: 649 shares withheld at $43.48 per share; withholding amount reported as $28,219.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Awarded restricted stock vests in four equal annual installments (25% per year) beginning August 15, 2027.
• Transaction codes: A = Award/Grant; F = Payment of tax liability (share withholding).

Context This was a restricted stock award (not an open-market purchase or an exercised option). The withholding of 649 shares to cover taxes is a common administrative step and does not indicate an open-market sale driven by investment sentiment. The award will vest over time, so Burr will not have immediate unrestricted control of the full 2,989 shares.