FSFG (FSFG) EVP Parisien reports 341-share tax withholding and accelerated option vesting
Rhea-AI Filing Summary
First Savings Financial Group (FSFG) executive Kent L. Parisien, EVP and Area President, reported a Form 4 insider transaction dated January 20, 2026. The filing shows 341 shares of common stock were withheld at $31.85 per share under code F, which typically indicates shares withheld to cover taxes or similar obligations, leaving 5,022 common shares held directly.
Parisien also reports 2,123 common shares held indirectly through a 401(k). In addition, he holds stock options covering 9,000, 7,500, and 3,750 shares at exercise prices of $23.02, $26.72, and $22.49, respectively. Footnotes state that these options and related restricted stock vesting schedules were accelerated to the transaction date under the Agreement and Plan of Merger between First Savings Financial Group, Inc. and First Merchants Corporation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 341 | $31.85 | $11K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended. Stock options are fully vested. 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.
FAQ
What insider transaction did FSFG executive Kent L. Parisien report?
Kent L. Parisien, EVP and Area President of First Savings Financial Group (FSFG), reported that 341 shares of common stock were withheld on January 20, 2026 under transaction code F at a price of $31.85 per share, typically indicating shares used to satisfy tax or similar obligations.
What stock options does Kent L. Parisien hold in First Savings Financial Group (FSFG)?
The Form 4 shows Kent L. Parisien holds fully vested or accelerated stock options on FSFG common stock: 9,000 options at an exercise price of $23.02 expiring on May 18, 2028, 7,500 options at $26.72 expiring on November 21, 2031, and 3,750 options at $22.49 expiring on November 21, 2032.
How did the merger with First Merchants Corporation affect FSFG equity awards reported in this Form 4?
Footnotes explain that certain restricted stock and stock options originally scheduled to vest in 20% annual installments beginning on November 21, 2022 and November 21, 2023 had their vesting accelerated to the transaction date under the Agreement and Plan of Merger between First Savings Financial Group, Inc. and First Merchants Corporation.
What does transaction code F mean in the FSFG Form 4 for Kent L. Parisien?
In this Form 4, the F transaction code is applied to 341 FSFG common shares at $31.85 per share. Code F generally refers to shares withheld by the issuer to cover taxes or similar obligations in connection with the vesting of equity awards.