Ted A. Leech, the Chairman of the Board at FS Bancorp, Inc., has reported a recent share transaction that reflects his ongoing commitment to the company. This transaction is significant as it showcases the actions of a key executive within the organization.

Background

FS Bancorp, Inc. operates in the savings institutions sector, specifically categorized as savings institutions, not federally chartered. The company is based in Mountlake Terrace, Washington, and has been active in the market, with its most recent filings indicating continued engagement with shareholders.

What the Filing Says

According to the recent filing dated October 30, 2026, Leech reported a transaction involving the disposal of 6.2922 shares of common stock on October 29, 2026. Following this transaction, he retains ownership of 202.219 shares directly and 78,902 shares indirectly through a self-managed trust.

Impact

This transaction may affect the perception of FS Bancorp among investors and analysts, as movements by high-level executives can signal confidence or concern regarding the company's future. Leech's role as Chairman of the Board adds weight to his decisions regarding share transactions, potentially influencing shareholder sentiment.

What's Next

The filing does not say what happens next.

Transaction Details

In the reported transaction, Ted A. Leech disposed of 6.2922 shares of common stock at a price of $44.01 per share. This sale was executed on October 29, 2026, and reflects a strategic decision by Leech, who continues to hold a significant number of shares in the company.

Ownership Breakdown

Post-transaction, Leech retains direct ownership of 202.219 shares of FS Bancorp, Inc. Additionally, he holds 78,902 shares indirectly through a self-managed trust. This structure indicates a substantial commitment to the company, as he maintains a considerable stake in both direct and indirect forms.

Regulatory Context

The filing is made under Form 4, which is required by the SEC for reporting changes in ownership of a company's securities by its insiders. Leech's status as Chairman of the Board and his share transactions are closely monitored by investors and regulatory bodies alike, highlighting the importance of transparency in corporate governance.

Conclusion

The filing does not provide further insights into Leech's motivations for the transaction or any future plans regarding his shareholdings. Investors may look for additional disclosures or future filings for more context on his strategic decisions.