Ben Crowl, the Chief Lending Officer and Executive Vice President of FS Bancorp, Inc., has made significant acquisitions of the company’s common stock. The transactions, reported in a recent SEC filing, indicate a strong belief in the bank's future performance.

The filing reveals that Crowl acquired a total of 4,208 shares on November 4, 2026, at prices ranging from $21.35 to $44.47 per share. Following these transactions, Crowl now holds a total of 26,936 shares directly, along with 986 shares held in an employee stock ownership plan (ESOP).

Background

FS Bancorp, Inc. operates within the savings institutions sector, specifically categorized as a non-federally chartered savings institution. The company is headquartered in Mountlake Terrace, Washington, and is publicly traded under the ticker symbol FSBW. Recent filings show Crowl's ongoing engagement with the company's stock, with multiple transactions reported throughout 2026.

What the Filing Says

The SEC filing, accession number 0000939057-26-000293, details several transactions by Crowl, including:

“Transaction date: 2026-11-04; shares acquired: 748 at $24.37; shares acquired: 1856 at $21.35; shares acquired: 2604 at $44.47.”

“Transaction date: 2026-11-05; shares disposed: 5399 at $43.78.”

These transactions highlight Crowl's active role in the company's stock, suggesting a strategic approach to aligning his interests with those of shareholders.

Impact

These transactions may influence investor sentiment regarding FS Bancorp, as insider purchases are often viewed positively. Crowl's actions could also inspire other executives within the savings institutions sector to consider similar moves, potentially impacting stock performance across the industry.

What's Next

The filing does not say what happens next. However, continued monitoring of insider transactions may provide further insights into the company's strategic direction and market confidence.