SB Financial Group (SBFG) director gets 1,150-share stock grant at $22.14

Rhea-AI Filing Summary

SB Financial Group, Inc. director Richard L. Hardgrove reported an equity grant under the company’s stock incentive plan. On February 5, 2026, he acquired 1,150 shares of common stock at $22.14 per share pursuant to a grant of restricted stock units. Following this award, he beneficially owns 15,088 shares of SB Financial Group common stock held directly.

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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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 OH 43204

(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)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	02/05/2026		A		1,150(1)	A	$22.14	15,088	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:

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

	RICHARD L HARDGROVE	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).
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FAQ

What insider transaction did SB Financial Group (SBFG) report for Richard L. Hardgrove?

SB Financial Group reported that director Richard L. Hardgrove acquired 1,150 shares of common stock on February 5, 2026. The acquisition was recorded at $22.14 per share and resulted from a grant of restricted stock units under the company’s stock incentive plan.

How many SB Financial Group (SBFG) shares does Richard L. Hardgrove own after this Form 4?

After the reported transaction, Richard L. Hardgrove beneficially owns 15,088 shares of SB Financial Group common stock. These shares are held directly, reflecting the addition of 1,150 shares received through a restricted stock unit grant under the company’s stock incentive plan.

What was the price per share in Richard L. Hardgrove’s SB Financial Group (SBFG) stock grant?

The reported price per share for Richard L. Hardgrove’s SB Financial Group stock grant was $22.14. This price is associated with 1,150 shares of common stock acquired on February 5, 2026, through a grant of restricted stock units under the company’s stock incentive plan.

What type of transaction is shown in this SB Financial Group (SBFG) Form 4 filing?

The filing shows an acquisition of common stock coded as transaction type “A,” indicating an award or grant. Richard L. Hardgrove received 1,150 shares as restricted stock units under SB Financial Group’s stock incentive plan, rather than purchasing them in an open-market transaction.

Is Richard L. Hardgrove a director or officer of SB Financial Group (SBFG)?

Richard L. Hardgrove is identified as a director of SB Financial Group, Inc. in the Form 4 filing. He is not listed as an officer or 10% owner in this report, and the transaction reflects director-level equity compensation in the form of restricted stock units.

Was the SB Financial Group (SBFG) Form 4 transaction held directly or indirectly?

The Form 4 indicates the shares are held with direct ownership by Richard L. Hardgrove. The 15,088 SB Financial Group shares beneficially owned after the transaction are reported as “D” for direct ownership, with no indirect holding entity disclosed in the filing.