@JRodrigoF is the correct answer. I'll attempt to explain why the z-score is being used, because it is not immediately obvious.
$F_{ST}$ is not trivial for anyone to understand per se. It is extremely useful for assessing migration - but what is the actual index that Ron Fisher devised?
Simulations suggest that $F_{ST}$ = 0.2 is threshold above which which strong population structure is considered. Thus $F_{ST}$ = 0 panmixia and $F_{ST}$ = 1 is zero migration. How to interpret everything in-between is difficult, except for the 0.2 threshold if the theoretical assumptions in the threshold calculation apply to real-world data. Thus the Z-score is an interesting concept.
In other words, the 0.2 threshold simulation suggests $F_{ST}$ is a non-linear index, which is very interesting in understanding it. Non-linear indices are a bit hairy because we all think they are linear, so 0.1 to 0.3 is one increment of migration, 0.3 to 0.5 another increment of migration. This is not true according to the simulation studies.
Z-scores get around this difficult by simply standardising the combined $F_{ST}$ and thats why they are using it.
It becomes particularly interesting if $F_{ST}$ is calculated per allele because then "fitness traits" can then be tracked. The allele doesn't necessarily need to be the actual fitness trait because of molecular "hitchhiking" (old John Maynard Smith terminology). Thus $F_{ST}$ Z-score within a population within a genome is the beginning of a datamining process. So example, the domestication of dogs why it becomes such a big deal, particularly if the comparison is a dog breed that is closest to the wolf genome. The actually traits selected for in dogs can now be identified. It would also operate between genomes, to identify outliers in dog dispersal, but the behavioural (behavioral) modifications that make dogs dogs is very interesting.
The question is are super small probabilities generated to make log meaningful? I'm not sure in this instance probabilities well beyond very highly, highly significant are generated. If they are then a log transformation is useful.
For background the log-scale is used for transforming very small probabilities rather than use e nomenclature. It makes them more understandable for comparative purposes and allows you to do cool things like add and subtract them instead of multiplying and dividing. The smaller the probability value the higher the transformed value ... so in this case the higher the value the more interesting the result.
However, if the field simply does not use log transformation then it's not cool, because no-one will be able to comparatively interpret the transformed values. In phylogenetics it's done all the time, because the probabilities are really small, but anyone can immediately understand the values - because everyone uses this system. A key part of stats is clarity, not necessarily for those outside the field, but certainly for those within the field.