AI brief of an SEC Form 8-K · Fifth District Bancorp, Inc. (FDSB)

Fifth District Bancorp authorizes buyback of up to 555,947 shares, about 10% of outstanding

Neutral Impact 4 of 5 shareholder Written later

Fifth District Bancorp, Inc. (Nasdaq: FDSB) authorized a stock repurchase program covering up to 555,947 shares of its common stock, which the company says equals about 10% of shares currently outstanding. Repurchases may be made on the open market, including under a Rule 10b5-1 trading plan, and the company may suspend or discontinue the program at any time, so the number of shares actually bought is not guaranteed.

Key points

  • Program authorized August 25, 2025, for up to 555,947 shares of common stock
  • Size equals approximately 10% of shares currently outstanding
  • Repurchases may occur on the open market, including under a Rule 10b5-1 trading plan, subject to market conditions
  • Company may suspend or discontinue the program at any time

The filing

CompanyFifth District Bancorp, Inc. (FDSB)
Form8-K, current report
Filed with the SECAug 25, 2025, 4:16 PM ET
Accession number0001558370-25-011755

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 25, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.