STOCK TITAN

FSFG (FSFG) CFO reports tax share withholding and accelerated vesting

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

Rhea-AI Filing Summary

First Savings Financial Group (FSFG) Chief Financial Officer Anthony A. Schoen reported an automatic share withholding tied to equity vesting on January 20, 2026. The Form 4 shows 3,762 shares of common stock were disposed of at $31.85 per share under transaction code F, which typically reflects shares withheld to satisfy tax obligations on vesting. After this event, Schoen directly beneficially owns 118,101 common shares, with additional indirect holdings through a 401(k) plan and an ESOP. Footnotes explain that multiple tranches of restricted stock and stock options, many vesting 20% per year, had their vesting accelerated to the transaction date pursuant to the 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*
Schoen Anthony A

(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)
Chief Financial Officer
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 3,762 D $31.85 118,101(1)(2)(3)(4)(5)(6) D
Common Stock 49,549(7) I By 401(k)
Common Stock 17,520(7) I By ESOP
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 1,500(8) 1,500(8) D
Stock Options $21.1 11/20/2021 11/20/2030 Common Stock 1,500(8) 1,500(8) D
Stock Options $26.72 11/21/2022 11/21/2031 Common Stock 15,000(9) 15,000(9) D
Stock Options $22.49 11/21/2023 11/21/2032 Common Stock 7,500(10) 7,500(10) D
Stock Options $15.1 11/21/2024 11/21/2033 Common Stock 8,010(11) 8,010(11) D
Stock Options $29 11/21/2025 11/21/2034 Common Stock 1,850(12) 1,850(12) 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 are fully vested.
9. 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.
10. 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.
11. 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.
12. 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 FSFGs CFO report on January 20, 2026?

The Chief Financial Officer, Anthony A. Schoen, reported a transaction coded F on January 20, 2026 involving 3,762 shares of First Savings Financial Group common stock at $31.85 per share, reflecting shares withheld in connection with equity vesting.

How many FSFG shares does the CFO own after this Form 4 transaction?

Following the January 20, 2026 transaction, Anthony A. Schoen beneficially owns 118,101 common shares directly, plus additional indirect common stock holdings through a 401(k) plan and an ESOP.

What does transaction code F mean in the FSFG Form 4 filing?

The filing uses transaction code F, which indicates shares were disposed of to cover obligations in connection with equity awards, such as tax withholding on the vesting of restricted stock or similar awards.

How are the CFOs indirect FSFG shareholdings structured?

In addition to directly held shares, the Form 4 lists indirect ownership of First Savings Financial Group common stock through a 401(k) and through an Employee Stock Ownership Plan (ESOP), each noted as indirect holdings.

What does the FSFG Form 4 say about accelerated vesting due to a merger?

Footnotes state that certain restricted stock and stock options, originally scheduled to vest 20% per year starting on various dates, had their vesting accelerated to the transaction date pursuant to the Agreement and Plan of Merger between First Savings Financial Group and First Merchants Corporation.

What derivative securities related to FSFG does the CFO hold?

The Form 4 lists several stock option grants on First Savings Financial Group common stock with exercise prices ranging from $15.10 to $29.00 and expiration dates between November 21, 2029 and November 21, 2034, all held directly.

First Savings

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FSFG Stock Data

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