First Savings Financial (FSFG) risk chief reports insider stock move
Rhea-AI Filing Summary
First Savings Financial Group EVP and Chief Risk Officer James W. Nelson reported a common stock transaction in the company. On January 20, 2026, a transaction coded "F" involved 2,035 shares of common stock at $31.85 per share, leaving him with 7,988 common shares held directly after the event. The filing also lists several stock option awards with exercise prices between $15.10 and $29.00, covering 7,500, 3,750, 4,250, and 960 underlying common shares with expiration dates from November 21, 2031 through November 21, 2034. Footnotes explain that both restricted stock and stock options that were originally scheduled to vest at 20% per year 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,035 | $31.85 | $65K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
Footnotes (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. 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. 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. 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. 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. 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. 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. 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. 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. 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.
FAQ
What insider transaction did FSFG EVP and Chief Risk Officer James W. Nelson report?
The filing shows that James W. Nelson, EVP and Chief Risk Officer of First Savings Financial Group (FSFG), reported a common stock transaction on January 20, 2026. A transaction coded "F" covered 2,035 shares of common stock at $31.85 per share, after which he directly held 7,988 common shares.
What stock options for FSFG does James W. Nelson hold according to this Form 4?
The filing lists multiple stock option awards held directly by James W. Nelson. These include options with exercise prices of $26.72 on 7,500 shares, $22.49 on 3,750 shares, $15.10 on 4,250 shares, and $29.00 on 960 shares, with expiration dates ranging from November 21, 2031 to November 21, 2034.
How did the merger with First Merchants Corporation affect FSFG restricted stock and options in this filing?
Footnotes explain that certain restricted stock and stock options held by James W. Nelson were originally scheduled to vest at a rate of 20% per year starting on various dates from November 21, 2022 through November 21, 2026 and April 14, 2026. Pursuant to the Agreement and Plan of Merger between First Savings Financial Group and First Merchants Corporation, vesting for these awards was accelerated to the transaction date.
What does the transaction code "F" mean in James W. Nelsons FSFG Form 4?
The Form 4 identifies the January 20, 2026 common stock transaction as code "F" for 2,035 shares at $31.85 per share. The code itself is shown in the filing table, indicating the type of insider transaction reported for those shares.
What is James W. Nelsons role at First Savings Financial Group as disclosed in this Form 4?
The Form 4 indicates that James W. Nelson is an officer of First Savings Financial Group, serving as EVP and Chief Risk Officer, and that the filing is made by one reporting person.