secwatch.observer — SEC 8-K summary
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Issuer:     FS Bancorp, Inc. (FSBW)
CIK:        0001530249
Form:       8-K
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0000939057-25-000215
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud

FS Bancorp announces CEO succession: Matt Mullet to lead 1st Security Bank as Joe Adams retires from bank CEO role.
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- Joseph C. Adams will retire as CEO of 1st Security Bank effective September 1, 2025, but remain CEO of FS Bancorp until May 2026.
- Matthew D. Mullet, who has served as President since July 2024, will become President and CEO of the Bank on September 1, 2025.
- Mullet previously served as CFO of both the Company and the Bank from September 2011 until May 2025, when Phillip Whittington succeeded him.
- The succession was carefully planned by the Board, according to Chairman Ted Leech, expressing confidence in Mullet's leadership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530249/000093905725000215/0000939057-25-000215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530249/000093905725000215/fsbanc8k81525.htm
  HTML page:      https://secwatch.observer/filing/0000939057-25-000215

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer