Director exits First Savings Financial (FSFG) stake via merger swap

Rhea-AI Filing Summary

First Savings Financial Group director Pamela Bennett-Martin reported the conversion of 33,694 shares of common stock on February 1, 2026. The filing shows her beneficial ownership of First Savings Financial Group stock fell to zero after this transaction.

According to the merger agreement between First Savings Financial Group and First Merchants Corporation, each issued and outstanding First Savings share was converted into the right to receive 0.85 shares of First Merchants common stock, with cash paid in lieu of any fractional share.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bennett-Martin Pamela

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock	33,694	$0.00	--

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Bennett-Martin Pamela

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		33,694	D	(1)	0	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

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 does Pamela Bennett-Martin’s Form 4 filing for FSFG report?

The Form 4 reports that director Pamela Bennett-Martin disposed of 33,694 shares of First Savings Financial Group common stock on February 1, 2026. The disposition occurred through a merger conversion into First Merchants Corporation stock, not through an open-market sale.

How many FSFG shares did Pamela Bennett-Martin own after the reported transaction?

After the reported transaction, the Form 4 shows zero shares of First Savings Financial Group common stock beneficially owned by Pamela Bennett-Martin. Her prior holdings of 33,694 shares were fully converted in connection with the merger into First Merchants Corporation stock.

What were the merger terms affecting FSFG shareholders in this Form 4?

The merger agreement states that each issued and outstanding share of First Savings Financial Group common stock was converted into the right to receive 0.85 shares of First Merchants Corporation common stock. Holders also receive cash in lieu of any fractional First Merchants share.

Did Pamela Bennett-Martin sell FSFG shares on the market according to this filing?

The Form 4 does not show a market sale. Instead, it records a disposition at a reported price of $0.00 per share, reflecting the conversion of 33,694 FSFG shares into the right to receive First Merchants Corporation stock under the merger agreement.

Who is the insider involved in this FSFG Form 4 transaction?

The insider is Pamela Bennett-Martin, a director of First Savings Financial Group, Inc. The filing indicates she was a reporting person with direct ownership of the 33,694 common shares that were converted in the merger with First Merchants Corporation.

What is the significance of the 0.85 exchange ratio mentioned in the FSFG filing?

The 0.85 exchange ratio means each First Savings Financial Group share became the right to receive 0.85 First Merchants Corporation shares. This ratio determines how many First Merchants shares former FSFG shareholders receive following completion of the merger transaction.