Phillip Whittington - May 1, 2025 Form 3 Insider Report for FS Bancorp, Inc. (FSBW)

Role: Chief Financial Officer
Signature: /s/Phillip Whittington
Stock symbol: FSBW
Transactions as of: May 1, 2025
Transactions value $: $0
Form type: 3
Date filed: 5/1/2025, 12:57 PM
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FSBW	Common Stock						3.4K	May 1, 2025	Direct
holding	FSBW	Common Stock						200	May 1, 2025	Direct
holding	FSBW	Common Stock						234	May 1, 2025	By ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	FSBW	Stock Option (Right to Buy)							May 1, 2025	Common Stock	2K	$30.94	Direct	F1
holding	FSBW	Stock Option (Right to Buy)							May 1, 2025	Common Stock	2K	$30.73	Direct	F2
holding	FSBW	Stock Option (Right to Buy)							May 1, 2025	Common Stock	1.6K	$41.98	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock Options awarded pursuant to the FS Bancorp, Inc. 2018 Equity Incentive Plan Vests in equal installments of 20% per year beginning on August 15, 2023.
F2	Stock Options awarded pursuant to the FS Bancorp, Inc 2018 Equity Incentive Plan. Vests in equal installments of 20% per year beginning on August 15, 2024
F3	Stock Options awarded pursuant to the FS Bancorp, Inc. 2018 Equity Incentive Plan. Vests in equal installments of 20% per year beginning on August 15, 2025.