Form 4: First Savings Financial Group CFO Acquires Restricted Stock
SEC Form 4 Filing
Anthony A. Schoen, CFO of First Savings Financial Group, reports acquisition of restricted stock and updates on stock options and holdings in 401(k) and ESOP.
Summary
- Anthony A. Schoen, the Chief Financial Officer of First Savings Financial Group, Inc. (FSFG), filed a Form 4 detailing changes in beneficial ownership.
- On April 14, 2025, Schoen acquired 4,260 shares of common stock at $0, which are restricted and vest at a rate of 20% per year starting April 14, 2026.
- Following the transaction, Schoen directly owns 106,616 shares of common stock.
- Schoen also indirectly owns 46,911 shares through a 401(k) and 17,031 shares through an ESOP.
- The report also details Schoen's holdings of various stock options with different exercise prices and vesting schedules.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions. The acquisition of restricted stock could be seen as a slightly positive signal.
Positives
- The acquisition of restricted stock could be seen as a positive sign, indicating the CFO's confidence in the company's future performance.
- The vesting schedule of the restricted stock and stock options aligns the CFO's interests with the long-term success of the company.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on investor confidence.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CFO's holdings and alignment with company performance.
- Employees participating in the ESOP will be interested in the CFO's holdings and transactions.
Key Dates
| Date | Description |
|---|---|
| 11/21/2017 | Date of stock options exercisable with an exercise price of $13.36. |
| 11/21/2020 | Date of stock options exercisable with an exercise price of $22.12. |
| 11/20/2021 | Date of stock options exercisable with an exercise price of $21.1. |
| 11/21/2022 | Date of stock options exercisable with an exercise price of $26.72 and restricted stock vesting commences. |
| 11/21/2023 | Date of stock options exercisable with an exercise price of $22.49 and restricted stock vesting commences. |
| 11/21/2024 | Date of stock options exercisable with an exercise price of $15.1 and restricted stock vesting commences. |
| 04/14/2025 | Date of transaction: acquisition of restricted stock. |
| 11/21/2025 | Date of stock options exercisable with an exercise price of $29 and restricted stock vesting commences. |
| 04/14/2026 | Commencement date for vesting of restricted stock acquired on April 14, 2025. |
| 11/21/2026 | Expiration date for stock options with an exercise price of $13.36. |
| 11/21/2029 | Expiration date for stock options with an exercise price of $22.12. |
| 11/20/2030 | Expiration date for stock options with an exercise price of $21.1. |
| 11/21/2031 | Expiration date for stock options with an exercise price of $26.72. |
| 11/21/2032 | Expiration date for stock options with an exercise price of $22.49. |
| 11/21/2033 | Expiration date for stock options with an exercise price of $15.1. |
| 11/21/2034 | Expiration date for stock options with an exercise price of $29. |
Keywords
Form 4, beneficial ownership, restricted stock, stock options, FSFG, Anthony A. Schoen, First Savings Financial Group, CFO
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