---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-24-000032"
form_type: "8-K"
ticker: "FSBW"
cik: "0001530249"
company_name: "FS Bancorp, Inc."
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T09:53:31.917657+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# FS Bancorp subsidiary enters change-of-control severance pacts with three officers

## Summary
- Agreements with CIO Shana Allen, CCO Stephanie Nicklaus, and CLO Ben Crowl effective Jan 29, 2024.
- Severance equals 12 months of then-current salary, paid lump sum within 45 days of termination.
- Triggered by involuntary termination within 6 months before or 12 months after a change of control.
- Change of control defined as 20%+ ownership change, board turnover, merger/liquidation, or board determination.

## SEC filing metadata
- accession: 0000939057-24-000032
- form_type: 8-K
- ticker: FSBW
- cik: 0001530249
- company_name: FS Bancorp, Inc.
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530249/000093905724000032/0000939057-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530249/000093905724000032/fsbanc8k12924.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-24-000032
- JSON: https://secwatch.observer/filing/0000939057-24-000032.json
- Plain text: https://secwatch.observer/filing/0000939057-24-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.