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First Savings Financial Group (FSFG) EVP reports equity disposition and option holdings

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

First Savings Financial Group executive Howard William Eric, EVP and CLO of a subsidiary, reported equity transactions dated January 20, 2026. A transaction coded "F" shows 2,361 shares of common stock treated as a disposition at $31.85 per share, leaving him with 18,190 common shares held directly.

He also has an indirect holding of 3,632 common shares through a 401(k) plan. In addition, he holds stock options covering 7,500, 3,750, 4,260, and 960 shares of common stock with exercise prices ranging from $15.10 to $29.00 and expiration dates between November 21, 2031 and November 21, 2034. Footnotes explain that both restricted stock and these options had vesting schedules of 20% per year, and that vesting was accelerated to the transaction date under an Agreement and Plan of Merger between the issuer and First Merchants Corporation.

Positive

  • None.

Negative

  • None.
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*
Howard William Eric

(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)
EVP and CLO of subsidiary
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 2,361 D $31.85 18,190(1)(2)(3)(4)(5)(6) D
Common Stock 3,632(7) I By 401(k)
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 $26.72 11/21/2022 11/21/2031 Common Stock 7,500(8) 7,500(8) D
Stock Options $22.49 11/21/2023 11/21/2032 Common Stock 3,750(9) 3,750(9) D
Stock Options $15.1 11/21/2024 11/21/2033 Common Stock 4,260(10) 4,260(10) D
Stock Options $29 11/21/2025 11/21/2034 Common Stock 960(11) 960(11) 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 November 21, 2023. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
3. Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2024. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
4. Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2025. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
5. 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.
6. Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2026. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
7. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
8. 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.
9. Stock options were scheduled to vest at a rate of 20% per year commencing on November 21, 2023. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
10. Stock options were scheduled to vest at a rate of 20% per year commencing on November 21, 2024. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
11. Stock options were scheduled to vest at a rate of 20% per year commencing on November 21, 2025. 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.
* 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 FSFG executive Howard William Eric report?

Howard William Eric, EVP and CLO of a subsidiary of First Savings Financial Group (FSFG), reported a transaction on January 20, 2026 coded "F" involving 2,361 shares of common stock at $31.85 per share, recorded as a disposition.

How many FSFG shares does Howard William Eric own after the reported Form 4 transaction?

After the reported transaction, Howard William Eric beneficially owns 18,190 shares of FSFG common stock directly and 3,632 shares indirectly through a 401(k) plan, according to the filing.

What stock options on FSFG shares does Howard William Eric hold?

He holds FSFG stock options covering 7,500, 3,750, 4,260, and 960 shares of common stock, with exercise prices of $26.72, $22.49, $15.10, and $29.00 and expiration dates between November 21, 2031 and November 21, 2034.

What role does the First Merchants Corporation merger play in this FSFG Form 4?

Footnotes state that restricted stock and stock options for Howard William Eric were originally scheduled to vest at 20% per year, but vesting was accelerated to the January 20, 2026 transaction date under an Agreement and Plan of Merger between FSFG and First Merchants Corporation.

How is Howard William Eric related to First Savings Financial Group (FSFG)?

He is reported as an officer, serving as EVP and Chief Legal Officer of a subsidiary of First Savings Financial Group, Inc., and is not listed as a director or 10% owner.

What indirect FSFG holdings are reported for Howard William Eric?

The Form 4 shows an indirect beneficial holding of 3,632 FSFG common shares with the nature of ownership described as "By 401(k)."

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