What is the nature of William G. Martin’s indirect SBFG share ownership?

In addition to his direct holdings, William G. Martin reports indirect ownership of 1,273 SB Financial Group shares held "JOINT W/ SPOUSE." This indicates joint beneficial ownership with his spouse, as disclosed in the Form 4 filing’s ownership table for non-derivative securities.

Director William G. Martin receives 1,150 SB Financial (SBFG) restricted shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SB Financial Group, Inc. director reports equity grant

Director William G. Martin reported acquiring 1,150 shares of SB Financial Group, Inc. common stock on 02/05/2026 at a price of $22.14 per share. The shares were granted as restricted stock under the company’s stock incentive plan.

After this grant, Martin beneficially owns 17,767 shares of common stock directly, and an additional 1,273 shares indirectly held jointly with his spouse.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider MARTIN WILLIAM G

Role Director

Type	Security	Shares	Price	Value
Grant/Award	COMMON STOCK	1,150	$22.14	$25K
holding	COMMON STOCK	--	--	--

Holdings After Transaction: COMMON STOCK — 17,767 shares (Direct); COMMON STOCK — 1,273 shares (Indirect, JOINT W/ SPOUSE)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/06/2026 - 01:40 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

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^*

MARTIN WILLIAM G

(Last)

(First)

(Middle)

136 DEERFIELD CIRCLE

(Street)

BRYAN

43506

(City)

(State)

(Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	02/05/2026		A		1,150⁽¹⁾	A	$22.14	17,767	D
COMMON STOCK								1,273	I	JOINT W/ SPOUSE

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. THE SHARES WERE ACQUIRED PURSUANT TO A GRANT OF RESTRICTED STOCK UNITED UNDER THE COMPANY'S STOCK INCENTIVE PLAN

	WILLIAM G MARTIN	02/06/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SB Financial Group (SBFG) disclose for February 5, 2026?

SB Financial Group (SBFG) disclosed that director William G. Martin acquired 1,150 shares of common stock on February 5, 2026 at $22.14 per share. The acquisition was reported as an "A" code transaction, indicating an award or grant of equity rather than an open-market purchase.

Who is the reporting insider in the latest SBFG Form 4 filing?

The reporting insider is William G. Martin, a director of SB Financial Group, Inc. He filed a Form 4 showing an acquisition of 1,150 shares of common stock through a restricted stock grant, and disclosed both his direct and indirect share holdings following the transaction.

How many SB Financial Group (SBFG) shares does William G. Martin own after the grant?

After the reported grant, director William G. Martin beneficially owns 17,767 SB Financial Group common shares directly. He also reports indirect beneficial ownership of 1,273 additional shares held jointly with his spouse, according to the Form 4 insider trading report filed for the February 5, 2026 transaction.

What was the price of the SBFG shares granted to director William G. Martin?

The 1,150 SB Financial Group common shares granted to director William G. Martin were reported at $22.14 per share. This equity award was recorded under transaction code "A" and described as a grant of restricted stock under the company’s stock incentive plan in the Form 4 filing.

How were the new SB Financial Group shares acquired by director William G. Martin?

The new SB Financial Group shares were acquired through a grant of restricted stock under the company’s stock incentive plan. The Form 4 footnote explains that the 1,150 shares were awarded pursuant to this plan, rather than purchased in the open market or through another type of transaction.