Form 4: First Savings Financial Group Executive Reports Stock Transactions
SEC Form 4 Filing
An executive at First Savings Financial Group, Marie Haley, reported the acquisition and disposal of company stock and stock options.
Summary
- Marie Haley, an EVP/Retail Chief Officer of a subsidiary at First Savings Financial Group, reported several transactions involving the company's stock.
- On November 21, 2024, she disposed of 303 shares of common stock at $29 per share.
- She also acquired 320 shares of restricted stock at $0 per share, which will vest at a rate of 20% per year starting November 21, 2025.
- Additionally, she acquired 960 stock options at $0 per share, which will vest at a rate of 20% per year starting November 21, 2025.
- The report also details existing holdings of common stock and stock options, including those held indirectly through a 401(k).
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common in the financial industry and required by the SEC.
Comparison to Industry Standards
- The vesting schedules for restricted stock and stock options are typical for executive compensation packages in the financial services industry.
- The reporting of these transactions is consistent with SEC regulations for insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as they reflect changes in insider ownership.
- The vesting of stock options and restricted stock is part of the executive's compensation package.
Key Dates
| Date | Description |
|---|---|
| 11/21/2017 | Stock options with an exercise price of $13.3633 became exercisable. |
| 11/21/2022 | Stock options with an exercise price of $26.72 became exercisable and restricted stock began vesting at 20% per year. |
| 11/21/2023 | Stock options with an exercise price of $22.49 became exercisable and restricted stock began vesting at 20% per year. |
| 11/21/2024 | Date of the reported transactions, including the disposal of 303 shares, acquisition of 320 restricted shares, and acquisition of 960 stock options. Restricted stock began vesting at 20% per year. Stock options with an exercise price of $15.1 became exercisable. |
| 11/21/2025 | Restricted stock acquired on 11/21/2024 will begin vesting at 20% per year. Stock options acquired on 11/21/2024 will begin vesting at 20% per year. |
| 11/25/2024 | Date the form was signed. |
Keywords
stock options, restricted stock, insider trading, executive compensation, stock transactions, FSFG, First Savings Financial Group
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