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First Savings (FSFG) director boosts holdings via multiple option exercises

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

First Savings Financial Group, Inc. reported that a director exercised multiple stock option grants on December 8, 2025. The transactions converted options into common stock at exercise prices of $13.36, $22.12, $21.10, $26.72, and $22.49, increasing the director’s directly held shares after each exercise.

Following these exercises, the director directly beneficially owned 24,235 shares of common stock, which include restricted shares that vest 100% on November 21, 2026. The exercised stock options were fully vested and reduced to zero balances, while separate option awards for 750 shares each expiring in 2033 and 2034 remain outstanding.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Colin John E

(Last) (First) (Middle)
702 NORTH SHORE DRIVE
SUITE 300

(Street)
JEFFERSONVILLE IN 47130

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
First Savings Financial Group, Inc. [ FSFG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
12/31/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/08/2025 M 8,700 A $13.36 18,985(1) D
Common Stock 12/08/2025 M 1,500 A $22.12 20,485(1) D
Common Stock 12/08/2025 M 1,500 A $21.1 21,985(1) D
Common Stock 12/08/2025 M 1,500 A $26.72 23,485(1) D
Common Stock 12/08/2025 M 750 A $22.49 24,235(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $13.36 12/08/2025 M 8,700(2) 11/21/2017 11/21/2026 Common Stock 8,700(2) $0 0 D
Stock Options $22.12 12/08/2025 M 1,500(2) 11/21/2020 11/21/2029 Common Stock 1,500(2) $0 0 D
Stock Options $21.1 12/08/2025 M 1,500(2) 11/20/2021 11/20/2030 Common Stock 1,500(2) $0 0 D
Stock Options $26.72 12/08/2025 M 1,500(2) 11/21/2022 11/21/2031 Common Stock 1,500(2) $0 0 D
Stock Options $22.49 12/08/2025 M 750(2) 11/21/2023 11/21/2032 Common Stock 750(2) $0 0 D
Stock Options $15.1 11/21/2024 11/21/2033 Common Stock 750(2) 750(2) D
Stock Options $29 11/21/2025 11/21/2034 Common Stock 750(2) 750(2) D
Explanation of Responses:
1. Includes shares of restricted stock which vest 100% on November 21, 2026.
2. Stock options are fully vested.
/s/ Victor L. Cangelosi, pursuant to power of attorney 02/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did First Savings Financial Group (FSFG) report?

A director of First Savings Financial Group exercised several fully vested stock option grants on December 8, 2025. These exercises converted options into common stock at set strike prices, increasing the director’s directly held share count while eliminating those specific option positions.

How many First Savings Financial Group (FSFG) shares does the director own after the transaction?

After the reported option exercises, the director beneficially owns 24,235 shares of First Savings Financial Group common stock. This total includes restricted shares scheduled to vest entirely on November 21, 2026, as described in the filing’s explanatory footnote.

What were the exercise prices of the FSFG stock options exercised?

The director exercised FSFG stock options with exercise prices of $13.36, $22.12, $21.10, $26.72, and $22.49 per share. Each grant converted into an equal number of common shares, with the derivative positions reduced to zero after the exercises.

Are the First Savings Financial Group (FSFG) stock options fully vested?

The filing states that the stock options involved in the December 8, 2025 exercises are fully vested. This means the director had already earned the right to exercise them before converting them into FSFG common shares on that date.

Does the FSFG director still hold any stock options after these exercises?

Yes. Separate from the exercised grants, the director continues to hold stock options for 750 shares expiring in 2033 and 750 shares expiring in 2034. These remaining options are linked to underlying First Savings Financial Group common stock.

What restricted stock is included in the FSFG director’s holdings?

The 24,235 shares beneficially owned include restricted stock that vests 100% on November 21, 2026. Until vesting, these restricted shares are subject to forfeiture or transfer restrictions, but they are counted in the director’s reported beneficial ownership.
First Savings

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238.37M
5.40M
Banks - Regional
Savings Institution, Federally Chartered
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United States
JEFFERSONVILLE