FS Bancorp names Matt Mullet CEO as planned; Joe Adams retires but stays on board

FS Bancorp, Inc.

Matthew D. Mullet appointed CEO of FS Bancorp effective June 1, 2026, as part of previously announced succession plan.
Mullet had served as President and CEO of 1st Security Bank and President of the Company; continues in those roles.
Joe Adams retired as CEO on May 31, 2026, but remains as director of the Company and Bank.
Succession plan originally announced August 15, 2025.

item 5.02 item 9.01

Executive movements

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Appointed

Matthew D. Mullet

Chief Executive Officer

FSBW · FS Bancorp, Inc.

Effective: 2026-06-01
Filed: June 1, 2026, 11:31 AM ET

it has named Matthew D. Mullet as Chief Executive Officer of the Company effective June 1, 2026

Departed

Joe Adams

Chief Executive Officer

FSBW · FS Bancorp, Inc.

Effective: 2026-05-31
Successor: Matthew D. Mullet
Filed: June 1, 2026, 11:31 AM ET

Joe Adams, who retired as CEO of the Company on May 31, 2026

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Matthew D. Mullet was appointed as Chief Executive Officer at FS Bancorp, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

it has named Matthew D. Mullet as Chief Executive Officer of the Company effective June 1, 2026

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Joe Adams retired as Chief Executive Officer at FS Bancorp, Inc..

Action: retired
Role: Chief Executive Officer

Exact text from the filing

Joe Adams, who retired as CEO of the Company on May 31, 2026

View on SEC.gov

FS Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0000939057-26-000122

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