First Savings Financial (FSFG) EVP logs 1,821-share move, options detailed

Rhea-AI Filing Summary

First Savings Financial Group EVP James E. Valete, Chief SBA Lending Officer, reported a disposition of 1,821 shares of common stock of First Savings Financial Group, Inc. on January 20, 2026 at a price of $31.85 per share in a transaction coded "F." After this transaction, he directly beneficially owned 4,662 shares of common stock.

The filing also shows stock option holdings that were affected by vesting acceleration pursuant to the Agreement and Plan of Merger between the issuer and First Merchants Corporation. These options cover 3,750 shares at an exercise price of $22.49, 4,250 shares at $15.10, and 960 shares at $29.00, with stated vesting schedules beginning on November 21 of 2023, 2024, and 2025, respectively, and expiration dates in 2032, 2033, and 2034.

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

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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^*

Valete James E.

(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)
	EVP, Chief SBA Lending 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		1,821	D	$31.85	4,662(1)(2)(3)(4)(5)	D

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	$22.49							11/21/2023	11/21/2032	Common Stock	3,750(6)		3,750(6)	D
Stock Options	$15.1							11/21/2024	11/21/2033	Common Stock	4,250(7)		4,250(7)	D
Stock Options	$29							11/21/2025	11/21/2034	Common Stock	960(8)		960(8)	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, 2023. 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, 2024. 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, 2025. 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 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.

5. 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.

6. 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.

7. 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.

8. 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).
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FAQ

What insider transaction did FSFG executive James E. Valete report?

James E. Valete, EVP and Chief SBA Lending Officer of First Savings Financial Group, Inc. (FSFG), reported a disposition of 1,821 shares of common stock on January 20, 2026 in a transaction coded "F" at a price of $31.85 per share.

How many FSFG shares does James E. Valete own after the reported Form 4 transaction?

Following the reported transaction on January 20, 2026, James E. Valete beneficially owned 4,662 shares of First Savings Financial Group common stock, held directly.

What stock options does James E. Valete hold in First Savings Financial Group (FSFG)?

The Form 4 shows that James E. Valete holds stock options for 3,750 shares at an exercise price of $22.49 expiring on November 21, 2032, 4,250 shares at $15.10 expiring on November 21, 2033, and 960 shares at $29.00 expiring on November 21, 2034, all held directly.

How did the merger agreement affect James E. Valete’s FSFG equity awards?

According to the footnotes, both restricted stock and stock options that were originally scheduled to vest at a rate of 20% per year beginning on various dates in 2023 through 2026 had their vesting accelerated to the transaction date pursuant to the Agreement and Plan of Merger between First Savings Financial Group, Inc. and First Merchants Corporation.

What is the role of James E. Valete at First Savings Financial Group (FSFG)?

James E. Valete is identified as an officer of First Savings Financial Group, Inc., serving as EVP, Chief SBA Lending Officer, and is not listed as a director or 10% owner in this Form 4.

Are James E. Valete’s FSFG holdings reported as direct or indirect ownership?

The Form 4 indicates that James E. Valete’s 4,662 shares of common stock and all reported stock options are held with direct (D) ownership, with no separate nature of indirect beneficial ownership disclosed.