SB Financial (NASDAQ: SBFG) director sells 650 common shares in open market

Rhea-AI Filing Summary

SB Financial Group, Inc. director Richard L. Hardgrove reported an open-market sale of common stock. On June 15, 2026, he sold 650 shares of SBFG common stock at $23.00 per share. After this transaction, he directly owns 14,438 shares of the company’s common stock.

Insider Trade Summary

Net Seller: 650 shares ($14,950)

Net Sell 1 txn

Insider HARDGROVE RICHARD L

Role null

Sold 650 shs ($15K)

Type	Security	Shares	Price	Value
Sale	COMMON STOCK	650	$23.00	$15K

Holdings After Transaction: COMMON STOCK — 14,438 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 650 shares Sale price per share: $23.00 per share Shares owned after transaction: 14,438 shares

3 metrics

Shares sold 650 shares Open-market sale of SBFG common stock

Sale price per share $23.00 per share Transaction price for common stock sale

Shares owned after transaction 14,438 shares Direct holdings after sale

Key Terms

COMMON STOCK, open-market sale, Sale in open market or private transaction

3 terms

COMMON STOCK financial

"security_title: "COMMON STOCK""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Sale in open market or private transaction financial

"transaction_code_description: "Sale in open market or private transaction""

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/15/2026 - 05:01 PM Accepted by SEC EDGAR 06/15/2026 - 05:01 PM Learn about SEC filing dates

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^*

HARDGROVE RICHARD L

(Last) (First) (Middle)

1959 MARBLE CLIFF CROSSING CT.

(Street)

COLUMBUS OHIO 43204

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SB FINANCIAL GROUP, INC. [ SBFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/15/2026		S		650	A	$23	14,438	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:

	RICHARD L HARDGROVE	06/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SBFG director Richard L. Hardgrove report?

Richard L. Hardgrove reported an open-market sale of SB Financial Group common stock. He sold 650 shares of SBFG common stock at a price of $23.00 per share and continues to hold 14,438 shares directly after the transaction.

How many SBFG shares did Richard L. Hardgrove sell and at what price?

Richard L. Hardgrove sold 650 shares of SB Financial Group common stock. The reported sale price was $23.00 per share in an open-market transaction, as disclosed in the Form 4 insider trading report for this director.

How many SBFG shares does Richard L. Hardgrove hold after this Form 4 sale?

After the reported sale, Richard L. Hardgrove directly holds 14,438 shares of SB Financial Group common stock. This post-transaction holding reflects his remaining direct ownership as disclosed in the Form 4 insider transaction summary.

Was Richard L. Hardgrove’s SBFG transaction an open-market sale or another type?

The transaction was an open-market sale of SB Financial Group common stock. The Form 4 classifies it under transaction code “S” with the description “Sale in open market or private transaction,” and the direction is labeled as a sell.

Does the Form 4 for SBFG show any derivative security activity for Richard L. Hardgrove?

The Form 4 shows no derivative security activity for Richard L. Hardgrove. The derivative summary is empty, and all reported activity involves non-derivative SB Financial Group common stock in a single open-market sale transaction.