First Savings Financial Group (FSFG) CFO stock converted in First Merchants merger

Rhea-AI Filing Summary

First Savings Financial Group, Inc. Chief Financial Officer Anthony A. Schoen reported that all of his FSFG common stock holdings were disposed of on February 1, 2026 in connection with a merger with First Merchants Corporation.

The filing shows 129,497 shares of common stock held directly, 49,549 shares held through a 401(k), and 17,520 shares held through an ESOP, all reported as dispositions at a price of $0 per share. Under the merger agreement dated September 24, 2025, each FSFG share was converted into the right to receive 0.85 shares of First Merchants common stock, with cash paid instead of fractional shares.

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

X

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)
02/01/2026

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	02/01/2026		D		129,497	D	(1)	0	D
Common Stock	02/01/2026		D		49,549	D	(1)	0	I	By 401(k)
Common Stock	02/01/2026		D		17,520	D	(1)	0	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

Explanation of Responses:

1. Pursuant to the Agreement and Plan of Merger, dated as of September 24, 2025, between the Issuer and First Merchants Corporation, each issued and outstanding share of Issuer common stock was converted into the right to receive 0.85 shares of First Merchants Corporation common stock (subject to the payment of cash in lieu of fractional shares).

	/s/ Victor L. Cangelosi, pursuant to power of attorney	02/09/2026
	** 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’s CFO report on February 1, 2026?

FSFG Chief Financial Officer Anthony A. Schoen reported disposing of all his FSFG common stock on February 1, 2026. The transaction reflects conversion of his shares into First Merchants Corporation stock under a merger agreement, rather than an open-market sale for cash.

How many FSFG shares did the CFO hold directly before the merger conversion?

Before the conversion, the CFO held 129,497 FSFG common shares directly. These shares were reported as disposed of at a price of $0 per share, consistent with being converted into the right to receive First Merchants Corporation stock under the merger terms.

What FSFG shares held through benefit plans were affected for the CFO?

The CFO reported dispositions of 49,549 FSFG shares held indirectly through a 401(k) plan and 17,520 FSFG shares held indirectly through an ESOP. Both plan positions were converted as part of the merger, leaving zero FSFG shares reported after the transaction.

What are the merger terms affecting FSFG common stock in this filing?

Under the merger agreement dated September 24, 2025, each issued and outstanding FSFG common share was converted into the right to receive 0.85 shares of First Merchants Corporation common stock. Cash was to be paid instead of issuing any fractional First Merchants shares.

Does the FSFG Form 4 indicate a sale of shares for cash by the CFO?

The Form 4 does not show a cash sale. It reports dispositions at a price of $0 per share, reflecting that FSFG shares were converted into the right to receive First Merchants Corporation stock under the merger agreement, rather than sold on the open market.

Who is the reporting person in this FSFG Form 4 filing?

The reporting person is Anthony A. Schoen, Chief Financial Officer of First Savings Financial Group, Inc. He filed individually, reporting direct and indirect holdings of FSFG common stock that were converted into First Merchants Corporation stock as part of the completed merger.