SB Financial (SBFG) EVP reports 3,672-share grant and 878-share trade

Rhea-AI Filing Summary

SB Financial Group, Inc. executive reports stock grant and related share transaction. EVP of a subsidiary, Steven A. Walz, reported acquiring 3,672 shares of SB Financial Group common stock on 02/05/2026 at a price of $0, tied to a restricted stock unit grant under the company’s stock incentive plan.

On the same date, he reported a second transaction of 878 shares of common stock at $22.14. After these transactions, he directly owned 9,816 common shares and also held 2,756 shares indirectly through an ESOP and 121 shares indirectly through an IRA.

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^*

WALZ STEVEN A.

(Last) (First) (Middle)

324 NORTHWOOD DR.

(Street)

DEFIANCE OH 43512

(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)

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

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								2,756	I	ESOP
COMMON STOCK								121	I	IRA
COMMON STOCK	02/05/2026		A		3,672(1)	A	$0	7,322	D
COMMON STOCK	02/05/2026		F		878(1)	A	$22.14	9,816	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

	STEVEN A WALZ	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 SBFG executive Steven Walz report?

Steven A. Walz reported acquiring 3,672 shares of SB Financial Group common stock on February 5, 2026. The shares were acquired at $0 pursuant to a grant of restricted stock units under the company’s stock incentive plan, as disclosed in the Form 4 footnote.

What is the second SBFG share transaction reported by Steven Walz?

On February 5, 2026, Steven A. Walz reported a second transaction involving 878 shares of SB Financial Group common stock at $22.14 per share. This transaction was coded "F" on the Form 4, indicating a distinct non-derivative stock transaction the same day.

How many SBFG shares does Steven Walz directly own after these transactions?

Following the reported February 5, 2026 transactions, Steven A. Walz directly owns 9,816 shares of SB Financial Group common stock. This post-transaction balance reflects both the acquisition of 3,672 shares at $0 and the separate 878-share transaction at $22.14.

What indirect holdings in SBFG stock does Steven Walz report?

In addition to his direct holdings, Steven A. Walz reports 2,756 SB Financial Group common shares held indirectly through an ESOP. He also reports 121 common shares held indirectly through an IRA, showing additional beneficial ownership outside his directly held account.

What explains the zero-dollar price on the 3,672 SBFG shares for Steven Walz?

The 3,672 SB Financial Group shares at a reported price of $0 are tied to a grant of restricted stock units. A Form 4 footnote states these shares were acquired under the company’s stock incentive plan as part of an equity compensation award.

What is Steven Walz’s role at SB Financial Group related to this Form 4?

Steven A. Walz is listed as an officer of a subsidiary of SB Financial Group, holding the title EVP of subsidiary. His status as an executive officer triggers reporting obligations, so his acquisitions and other changes in ownership are disclosed on Form 4.