First Savings (NASDAQ: FSFG) EVP exercises multiple stock option grants

Rhea-AI Filing Summary

First Savings Financial Group executive Nelson James W, EVP and Chief Risk Officer, reported exercising multiple stock option grants into common stock on January 20, 2026. Each transaction is coded "M," indicating movements between derivative stock options and common shares.

The filings show option exercises for 7,500 common shares at $26.72, 3,750 shares at $22.49, 4,250 shares at $15.10, and 960 shares at $29.00. After these transactions, he directly owned 24,448 common shares, and the related option positions were reduced to zero with the options described as fully vested.

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

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^*

Nelson James W

(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 and Chief Risk 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		M		7,500	A	$26.72	15,488	D
Common Stock	01/20/2026		M		3,750	A	$22.49	19,238	D
Common Stock	01/20/2026		M		4,250	A	$15.1	23,488	D
Common Stock	01/20/2026		M		960	A	$29	24,448	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	$26.72	01/20/2026		M			7,500(1)	11/21/2022	11/21/2031	Common Stock	7,500(1)	$0	0	D
Stock Options	$22.49	01/20/2026		M			3,750(1)	11/21/2023	11/21/2032	Common Stock	3,750(1)	$0	0	D
Stock Options	$15.1	01/20/2026		M			4,250(1)	11/21/2024	11/21/2033	Common Stock	4,250(1)	$0	0	D
Stock Options	$29	01/20/2026		M			960(1)	11/21/2025	11/21/2034	Common Stock	960(1)	$0	0	D

Explanation of Responses:

1. Stock options are fully vested.

	/s/ Victor L. Cangelosi, pursuant to power of attorney	01/30/2026
	** 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 activity did FSFG EVP Nelson James W report on January 20, 2026?

He reported exercising several stock option grants into common stock on January 20, 2026. The Form 4 lists multiple "M" code transactions moving from stock options to common shares at different exercise prices and amounts.

How many FSFG shares did Nelson James W acquire through each option exercise?

He acquired 7,500 common shares, 3,750 shares, 4,250 shares, and 960 shares in four separate exercises. Each block corresponds to a distinct stock option grant, with its own exercise price and original grant and expiration dates.

What were the exercise prices for the FSFG stock options exercised by the EVP?

The reported exercise prices were $26.72, $22.49, $15.10, and $29.00 per share. Each price aligns with a specific stock option grant that was fully vested at the time of exercise, according to the disclosure.

How many FSFG common shares did the EVP own after these transactions?

After the series of option exercises, he directly owned 24,448 shares of First Savings Financial Group common stock. This figure reflects the cumulative common shares held immediately following the reported January 20, 2026 transactions.

What happened to the FSFG stock options after the January 20, 2026 exercises?

Each stock option grant reported shows zero derivative securities remaining after the transactions. A footnote states that the stock options are fully vested, and the table lists the post-transaction derivative holdings for those grants as 0.

What is the role of the insider involved in this FSFG Form 4 filing?

The reporting person, Nelson James W, is identified as an officer of First Savings Financial Group. His specific title in the filing is Executive Vice President (EVP) and Chief Risk Officer, and the Form 4 is filed for him as a single reporting person.