Fifth District Bancorp (FDSB) Director Chris Rittiner Sells Shares

What Happened
Chris M. Rittiner, a director of Fifth District Bancorp, sold a total of 9,000 company shares in open‑market transactions on August 24–25, 2026. The disposals were: 100 @ $18.21, 100 @ $18.22, 100 @ $18.33, 246 @ $18.34, 54 @ $18.35 (all Aug 24), and 8,400 @ $18.19 (Aug 25). Total reported proceeds across these sales are approximately $163,775. These were sales (S) — typically routine liquidity transactions — not purchases.

Key Details

• Transaction dates: Aug 24–25, 2026.
• Individual trades and amounts: 100 @ $18.21; 100 @ $18.22; 100 @ $18.33; 246 @ $18.34; 54 @ $18.35; 8,400 @ $18.19. Total ≈ $163,775.
• Shares sold: 9,000.
• Shares owned after transaction: not provided in the data you supplied / not shown in this excerpt.
• Footnotes of note:
  • F2: The $18.19 price is a weighted average; those shares were sold in multiple trades at prices ranging $18.00–$18.39. The filer will provide detailed per‑trade prices on request.
  • F1 & F3: The filing notes restricted stock and stock options that vest 20% per year beginning Sept 16, 2026 (indicates ongoing vesting schedules for other holdings).
• No 10b5‑1 plan or other selling plan is indicated in the provided excerpt.
• Filing: Report filed Aug 26, 2026 for trades on Aug 24–25; Form 4s are generally due within two business days, so this filing appears timely.

Context
This Form 4 reports outright sales (not option exercises or awards). Sales by directors can reflect personal liquidity needs and do not necessarily indicate company outlook; purchases are typically more informative about insider confidence. The weighted‑average pricing footnote means the large Aug 25 block was executed across multiple prices within the stated range.