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