First Savings Financial Group (FSFG) CEO reports tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Savings Financial Group President & CEO Larry W. Myers reported a Form 4 transaction dated January 20, 2026. The filing shows 3,763 shares of common stock were withheld at $31.85 per share, coded "F", which generally indicates shares withheld to cover taxes on equity awards. After this, Myers directly owned 97,362 shares of common stock, in addition to indirect holdings of common stock through a 401(k), an ESOP, and his spouse's IRA.
Footnotes explain that multiple tranches of restricted stock and stock options, originally scheduled to vest over several years, had their vesting accelerated to the transaction date under the Agreement and Plan of Merger between the issuer and First Merchants Corporation. The stock options listed in the filing remain held directly by Myers with stated exercise prices and expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Myers Larry W
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,763 | $31.85 | $120K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 97,362 shares (Direct);
Stock Options — 4,500 shares (Direct);
Common Stock — 211,853 shares (Indirect, By 401(k))
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. 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. Includes shares of restricted stock which were scheduled to vest as follows: 250 shares fully vest on November 21, 2025, with the remaining shares vesting 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. 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. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended. 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 as follows: 750 shares fully vested on November 21, 2023, with the remaining shares vesting 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. Stock options were scheduled to vest as follows: 750 shares fully vested on November 21, 2024, with the remaining shares vesting 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. Stock options were scheduled to vest as follows: 750 shares fully vested on November 21, 2025, with the remaining shares vesting 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.
FAQ
What insider transaction did FSFG CEO Larry W. Myers report on January 20, 2026?
The Form 4 shows 3,763 shares of First Savings Financial Group common stock were withheld at $31.85 per share in a transaction coded "F", typically used for tax withholding on equity vesting.
What triggered the accelerated vesting of FSFG restricted stock and options for the CEO?
Footnotes state that restricted stock and stock options had their vesting accelerated to the transaction date under the Agreement and Plan of Merger between First Savings Financial Group and First Merchants Corporation.
What stock options are reported as held by the FSFG CEO in this Form 4?
The filing lists several stock option grants on FSFG common stock with exercise prices of $26.72, $22.49, $15.10, and $29, each with specific vesting schedules and expiration dates through 2034.
Does the FSFG Form 4 show indirect ownership for Larry W. Myers?
Yes. The Form 4 reports indirect ownership of FSFG common stock by 401(k, by ESOP, and by spouse's IRA, with separate share amounts disclosed for each account.
What role does Larry W. Myers hold at First Savings Financial Group (FSFG)?
According to the Form 4, Larry W. Myers is both a Director and the President & CEO of First Savings Financial Group, Inc.