[Form 4] First Savings Financial Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

First Savings Financial Group, Inc. (FSFG)November 21, 2025, the officer acquired 2,000 shares of common stock as a restricted stock grant at a stated price of $0, reflecting a compensatory award rather than an open-market purchase. After this transaction, the officer beneficially owns 10,023 shares of common stock, including multiple restricted stock awards that each vest at a rate of 20% per year starting on specified dates between November 21, 2022 and April 14, 2026. The filing also lists previously granted stock options on FSFG common stock with exercise prices between $15.10 and $29.00 and expiration dates ranging from November 21, 2031 to November 21, 2034, which vest 20% per year from their respective start dates.

11/25/2025 - 01:55 PM

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

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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^*

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)
11/21/2025

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	11/21/2025		A		2,000(1)	A	$0	10,023(2)(3)(4)(5)(6)	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							11/21/2022	11/21/2031	Common Stock	7,500(7)		7,500(7)	D
Stock Options	$22.49							11/21/2023	11/21/2032	Common Stock	3,750(8)		3,750(8)	D
Stock Options	$15.1							11/21/2024	11/21/2033	Common Stock	4,250(9)		4,250(9)	D
Stock Options	$29							11/21/2025	11/21/2034	Common Stock	960(10)		960(10)	D

Explanation of Responses:

1. Shares of restricted stock vest at a rate of 20% per year commencing on November 21, 2026.

2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 21, 2022.

3. Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 21, 2023.

4. Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 21, 2024.

5. Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 21, 2025.

6. Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 14, 2026.

7. Stock options vest at a rate of 20% per year commencing on November 21, 2022.

8. Stock options vest at a rate of 20% per year commencing on November 21, 2023.

9. Stock options vest at a rate of 20% per year commencing on November 21, 2024.

10. Stock options vest at a rate of 20% per year commencing on November 21, 2025.

	/s/ Victor L. Cangelosi, pursuant to power of attorney	11/25/2025
	** 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 transaction did FSFG report in this Form 4?

The Form 4 reports that an officer of First Savings Financial Group, Inc. (FSFG) acquired 2,000 shares of common stock as a restricted stock award on November 21, 2025 at a stated price of $0.

Who is the FSFG insider involved in this Form 4 filing and what is their role?

The reporting person is an officer of FSFG, serving as EVP and Chief Risk Officer, and is filing individually as indicated by the Form 4.

How many FSFG shares does the officer beneficially own after this transaction?

Following the reported restricted stock grant, the officer beneficially owns 10,023 shares of FSFG common stock, which include multiple tranches of restricted stock with various vesting schedules.

What are the vesting terms for the new FSFG restricted stock award?

The 2,000 shares of restricted stock granted on November 21, 2025 vest at a rate of 20% per year commencing on November 21, 2026, as disclosed in the explanation of responses.

What other equity awards does the FSFG officer hold according to this Form 4?

The officer holds several stock option grants on FSFG common stock with exercise prices of $26.72, $22.49, $15.10, and $29.00, covering 7,500, 3,750, 4,250, and 960 underlying shares respectively, each vesting at 20% per year starting on specified November 21 dates from 2022 through 2025.

Does this FSFG Form 4 involve any derivative security transactions on the filing date?

The Form 4 lists existing stock options and their terms, but the reported November 21, 2025 transaction in Table I relates to the acquisition of 2,000 restricted shares of common stock.