Form 4: First Savings Financial Group CFO Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
First Savings Financial Group's Chief Financial Officer, Anthony A. Schoen, exercised stock options and disposed of shares on December 31, 2024, according to a recent SEC filing.
Summary
- On December 31, 2024, Anthony A. Schoen, the Chief Financial Officer of First Savings Financial Group, exercised 9,300 stock options at a price of $13.36 per share.
- Concurrently, Mr. Schoen disposed of 4,678 shares of common stock at a price of $26.56 per share.
- Following these transactions, Mr. Schoen directly owns 102,356 shares of common stock.
- He also indirectly owns 47,338 shares through a 401(k) and 17,031 shares through an ESOP.
- Mr. Schoen holds various stock options with different vesting schedules and exercise prices.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider transactions, with no inherent positive or negative sentiment. It is a routine filing.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- SEC Form 4 filings are standard practice for all publicly traded companies in the United States, ensuring transparency of insider trading.
- The vesting schedules and option grants are typical for executive compensation packages in the financial services industry.
- The transaction is similar to those seen at other financial institutions such as community banks and regional lenders, where executives often receive stock options as part of their compensation.
Stakeholder Impact
- The transactions may have a minor impact on the stock price, as they reflect insider activity.
- Shareholders are informed about the CFO's stock transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 11/21/2017 | Date of stock options grant with an expiration date of 11/21/2026. |
| 11/21/2020 | Date of stock options grant with an expiration date of 11/21/2029. |
| 11/20/2021 | Date of stock options grant with an expiration date of 11/20/2030. |
| 11/21/2022 | Date of stock options grant with an expiration date of 11/21/2031. |
| 11/21/2023 | Date of stock options grant with an expiration date of 11/21/2032. |
| 11/21/2024 | Date of stock options grant with an expiration date of 11/21/2033. |
| 12/31/2024 | Date of stock option exercise and share disposal. |
| 01/02/2025 | Date of filing of the SEC Form 4. |
Keywords
stock options, insider trading, SEC Form 4, beneficial ownership, First Savings Financial Group, FSFG, Anthony A. Schoen, CFO, equity securities
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