---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-24-000276"
form_type: "8-K"
ticker: "FSBW"
cik: "0001530249"
company_name: "FS Bancorp, Inc."
filed_at: "2024-10-02T23:59:59+00:00"
generated_at: "2026-05-30T22:26:42.988343+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# FS Bancorp appoints Terri L. Degner to board; Margaret Piesik retires

## Summary
- Margaret Piesik retired from FS Bancorp board effective Sept 30, 2024 after 18 years of service.
- Terri L. Degner appointed to board effective same date; she joined the Bank's board in Jan 2024.
- Degner was EVP/CFO at Anchor Bank before it was acquired by 1st Security Bank in 2018.
- Piesik's retirement not due to any disagreement; her equity vested and director fees continued through March 2025.
- Degner assigned to Asset Quality and Audit Committees for the Bank.

## SEC filing metadata
- accession: 0000939057-24-000276
- form_type: 8-K
- ticker: FSBW
- cik: 0001530249
- company_name: FS Bancorp, Inc.
- filed_at: 2024-10-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530249/000093905724000276/0000939057-24-000276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530249/000093905724000276/8k93024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-24-000276
- JSON: https://secwatch.observer/filing/0000939057-24-000276.json
- Plain text: https://secwatch.observer/filing/0000939057-24-000276.txt

## Source-grounded claims
- claim_id: 47f9e3db12
  claim: Terri L. Degner was appointed as Director at FS Bancorp, Inc..
  evidence_excerpt: As a result of Ms. Piesik’s retirement, the Board of Directors appointed Ms. Terri L. Degner to the Company’s Board of Directors effective September 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530249/000093905724000276/0000939057-24-000276-index.htm
- claim_id: cd344a005f
  claim: Margaret R. Piesik retired as Director at FS Bancorp, Inc..
  evidence_excerpt: On September 30, 2024, Margaret R. Piesik retired from the Board of Directors of FS Bancorp, Inc. (“Company”) and its financial institution subsidiary, 1st Security Bank of Washington (“Bank”) as well as the committees she served on.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530249/000093905724000276/0000939057-24-000276-index.htm

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