Form 4: First Savings Financial CEO Reports Share Disposition

Sentiment:

Insider Transaction Report


First Savings Financial Group's President & CEO, Larry W. Myers, reported the disposition of 1,004 shares of common stock at $30.95 per share.

Summary

  • Larry W. Myers, President & CEO and Director of First Savings Financial Group, Inc. (FSFG), reported a transaction on November 21, 2025.
  • The transaction involved the disposition of 1,004 shares of Common Stock at a price of $30.95 per share.
  • Following this transaction, Mr. Myers directly beneficially owns 71,246 shares of Common Stock.
  • Indirect beneficial ownership includes 211,012 shares via a 401(k) plan, 30,710 shares via an ESOP, and 84,687 shares via a Spouse's IRA.
  • The filing also details various stock options held by Mr. Myers with different strike prices, vesting schedules, and expiration dates, including 33,300 options at $13.36, 1,500 at $22.12, 1,539 at $21.1, 22,500 at $26.72, 12,000 at $22.49, 12,423 at $15.1, and 3,625 at $29.

Sentiment

Score: 5

Explanation: The filing reports a routine disposition of shares, likely for tax purposes upon vesting, which is a neutral event for an insider and does not indicate a change in company fundamentals or outlook.

Future Outlook

NA

Industry Context

NA

Key Dates

DateDescription
11/21/2017Stock options with a strike price of $13.36 became fully vested.
11/21/2020Stock options with a strike price of $22.12 became fully vested.
11/20/2021Stock options with a strike price of $21.1 became fully vested.
11/21/2022Restricted stock and stock options with a strike price of $26.72 began vesting at a rate of 20% per year.
11/21/2023Restricted stock and stock options with a strike price of $22.49 began vesting at a rate of 20% per year, with 750 shares fully vested.
11/21/2024Restricted stock and stock options with a strike price of $15.1 began vesting at a rate of 20% per year, with 750 shares fully vested.
11/21/2025Transaction date for the disposition of common stock. Also, 250 shares of restricted stock fully vest, with remaining shares vesting at 20% per year. Stock options with a strike price of $29 began vesting at 20% per year, with 750 shares fully vested.
11/25/2025Signature date of the reporting person.
04/14/2026Restricted stock begins vesting at a rate of 20% per year.
11/21/2026Expiration date for stock options with a strike price of $13.36.
11/21/2029Expiration date for stock options with a strike price of $22.12.
11/20/2030Expiration date for stock options with a strike price of $21.1.
11/21/2031Expiration date for stock options with a strike price of $26.72.
11/21/2032Expiration date for stock options with a strike price of $22.49.
11/21/2033Expiration date for stock options with a strike price of $15.1.
11/21/2034Expiration date for stock options with a strike price of $29.

Recommendation

hold

The Form 4 filing details a routine disposition of a small number of shares by the CEO, likely for tax purposes related to vesting equity. This transaction does not provide sufficient information to suggest a change in the company's fundamental value or management's long-term strategy, thus a 'hold' recommendation is appropriate based solely on this filing.

Keywords

First Savings Financial Group, FSFG, Insider Transaction, Form 4, Common Stock, Stock Options, Larry W. Myers, CEO, Director, Share Disposition

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