FSFG (NASDAQ: FSFG) SVP logs 415-share insider stock transaction

Rhea-AI Filing Summary

First Savings Financial Group SVP James D. Nef reported an insider stock transaction. On January 20, 2026, he disposed of 415 shares of common stock of First Savings Financial Group at $31.85 per share, and held 1,458 common shares afterward in direct ownership. He also reported stock option holdings covering 3,600 shares at an exercise price of $22.12 expiring on November 21, 2029, and 3,000 shares at an exercise price of $26.72 expiring on November 21, 2031. Footnotes explain that certain restricted stock and options had their vesting accelerated to the transaction date under an Agreement and Plan of Merger between the issuer and First Merchants Corporation.

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

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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^*

Nef James D.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Dir of Acctg

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	01/20/2026		F		415	D	$31.85	1,458(1)(2)	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	$22.12							11/21/2020	11/21/2029	Common Stock	3,600(3)		3,600(3)	D
Stock Options	$26.72							11/21/2022	11/21/2031	Common Stock	3,000(4)		3,000(4)	D

Explanation of Responses:

1. Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2022. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.

2. Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on April 14, 2026. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.

3. Stock options are fully vested.

4. Stock options were scheduled to vest at a rate of 20% per year commencing on November 21, 2022. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.

	/s/ Victor L. Cangelosi, pursuant to power of attorney	01/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did the FSFG Form 4 filed by James D. Nef report?

The Form 4 reports that James D. Nef, SVP and Director of Accounting at First Savings Financial Group, Inc. (FSFG), disposed of 415 shares of common stock on January 20, 2026 and reported updated common stock and stock option holdings.

How many FSFG shares did James D. Nef dispose of and at what price?

James D. Nef disposed of 415 shares of FSFG common stock at a price of $31.85 per share on January 20, 2026, according to the Form 4.

How many FSFG common shares does James D. Nef hold after this Form 4 transaction?

After the reported transaction, James D. Nef beneficially owned 1,458 shares of FSFG common stock in direct ownership, as stated in the filing.

What FSFG stock options are held by James D. Nef according to this Form 4?

He reported stock options for 3,600 shares of FSFG common stock at an exercise price of $22.12 expiring on November 21, 2029, and options for 3,000 shares at $26.72 expiring on November 21, 2031, all held directly.

How does the merger with First Merchants Corporation relate to this FSFG Form 4?

Footnotes explain that certain restricted stock and stock options were originally scheduled to vest over time, but their vesting was accelerated to the transaction date under the Agreement and Plan of Merger between First Savings Financial Group and First Merchants Corporation.

What is James D. Nef’s role at First Savings Financial Group (FSFG)?

In the Form 4, James D. Nef is identified as an officer of First Savings Financial Group, serving as SVP, Director of Accounting.