Kelli Nielsen - 15 Aug 2025 Form 4 Insider Report for FS Bancorp, Inc. (FSBW)

Signature
/s/Kelli Nielsen
Issuer symbol
FSBW
Transactions as of
15 Aug 2025
Net transactions value
-$34,561
Form type
4
Filing time
19 Aug 2025, 11:34:22 UTC
Previous filing
08 Aug 2025
Next filing
10 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nielsen Kelli CRB Officer, EVP C/O FS BANCORP, INC., 6920 220TH STREET SW, MOUNTLAKE TERRACE /s/Kelli Nielsen 18 Aug 2025 0001559442

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSBW Common Stock Award +2,000 +13% 16,884 15 Aug 2025 Direct F1
transaction FSBW Common Stock Tax liability $34,561 -861 -5.1% $40.14 16,023 15 Aug 2025 Direct
holding FSBW Common Stock 71 15 Aug 2025 Direct
holding FSBW Common Stock 2,681 15 Aug 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
transaction FSBW Stock Options (Right to Buy) Award $0 +4,000 +9% $0.000000 48,275 15 Aug 2025 Common Stock 4,000 $40.14 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2018 Equity Incentive Plan. Vests in equal installments of 25% per year beginning on August 15, 2026.
F2 Stock Options awarded pursuant to the FS Bancorp, Inc. 2018 Equity Incentive Plan. Vests in equal installments of 25% per year beginning on August 15, 2026.