Larry Myers exits FSFG holdings in merger swap to First Merchants (FSFG)

Rhea-AI Filing Summary

First Savings Financial Group President & CEO Larry W. Myers reported the conversion of his holdings in connection with the company’s merger into First Merchants Corporation. On February 1, 2026, Form 4 shows dispositions coded “D” of common stock at a price of $0.00 per share, reflecting a structural change rather than an open-market sale.

These include 103,996 shares held directly, 211,853 shares held through a 401(k), 31,022 shares held through an ESOP, and 84,687 shares held through his spouse’s IRA, with post-transaction balances listed as zero. Under the merger agreement, each share of First Savings common stock was converted into the right to receive 0.85 shares of First Merchants Corporation 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

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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^*

Myers Larry 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)

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

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		103,996	D	(1)	0	D
Common Stock	02/01/2026		D		211,853	D	(1)	0	I	By 401(k)
Common Stock	02/01/2026		D		31,022	D	(1)	0	I	By ESOP
Common Stock	02/01/2026		D		84,687	D	(1)	0	I	By Spouse's IRA

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).
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FAQ

What insider transaction did Larry W. Myers report for First Savings Financial Group (FSFG)?

Larry W. Myers reported the conversion-related disposition of all his First Savings common stock on February 1, 2026. The filing lists direct holdings and shares in a 401(k), ESOP, and spouse’s IRA, all reduced to zero as part of the completed merger structure.

Was the Larry W. Myers Form 4 for FSFG an open-market sale of shares?

No, the Form 4 transactions are coded as dispositions at a price of $0.00 per share. A merger agreement converted each First Savings share into the right to receive First Merchants Corporation stock, indicating a structural exchange instead of a traditional market sale.

How many FSFG shares did Larry W. Myers hold directly before the merger conversion?

Before the conversion, Larry W. Myers held 103,996 shares of First Savings common stock directly. Following the February 1, 2026 transaction, his direct holdings are reported as zero, reflecting their exchange into First Merchants Corporation common stock under the merger terms.

What happened to FSFG shares held by Larry W. Myers through retirement and benefit plans?

Shares held indirectly by Larry W. Myers through a 401(k), an ESOP, and his spouse’s IRA were also disposed of in the merger conversion. The Form 4 shows 211,853, 31,022, and 84,687 shares, respectively, all moving to zero as they were exchanged for First Merchants stock.

What are the merger terms affecting FSFG shares reported in this Form 4?

Under 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 First Merchants shares. Any fractional share amounts were settled through cash payments instead of partial stock.

Why is the transaction price listed as $0.00 on the FSFG Form 4 for Larry W. Myers?

The $0.00 price reflects that the reported dispositions were part of a stock-for-stock merger exchange, not cash sales in the market. First Savings common shares were converted into rights to receive First Merchants Corporation shares based on a fixed 0.85 exchange ratio under the merger agreement.