Smith Shane Michael 4/A

What Happened
Shane M. Smith, Chief Credit Officer of Fifth District Bancorp (FDSB), made an open-market purchase of 2,701 shares on August 22, 2025 at $13.45 per share for a total of $36,338. He was also granted 11,118 shares (reported 2/9/2026) with no purchase price (a restricted stock award).

Key Details

• Purchase: 2,701 shares on 2025-08-22 at $13.45/share — total $36,338. (Transaction code P)
• Award: 11,118 shares on 2026-02-09 at $0.00 — restricted stock grant. (Transaction code A)
• Shares owned after these transactions: not disclosed in the amended filing.
• Footnotes: F1 — restricted shares vest 20% per year beginning February 9, 2027. F2 — filing notes some transactions were not required to be reported under Section 16 of the Securities Exchange Act.
• Filing: This is an amended Form 4 (Accession 0001437749-26-010868) filed 2026-04-01 to report the above transactions.

Context
The open-market purchase is a direct personal buy and is often viewed by investors as a positive signal of insider interest, though it is one small purchase. The 11,118-share award is restricted stock subject to a multi-year vesting schedule (20% per year starting 2/9/2027), meaning those shares are not immediately free to sell. The award carries a reported $0 acquisition price because it is a compensation grant rather than a cash purchase.