Form 4: First Savings Financial Group: Officer Journell Acquires Shares and Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Jacqueline R. Journell, Chief Operating Officer of First Savings Financial Group, reports acquisition of shares and changes in beneficial ownership, including restricted stock and stock options.

Summary

  • On April 14, 2025, Jacqueline R. Journell, the Chief Operating Officer of First Savings Financial Group, acquired 2,045 shares of common stock at $0.
  • Following the transaction, Journell directly owns 46,095 shares of common stock and indirectly owns 9,008 shares through an ESOP.
  • The reported holdings include restricted stock that vests at a rate of 20% per year commencing on various dates from November 21, 2022, to November 21, 2025.
  • Journell also holds various stock options with exercise prices ranging from $15.1 to $29, vesting at 20% per year commencing on dates from November 20, 2021, to November 21, 2025, and expiring between November 21, 2030, and November 21, 2034.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

  • The acquisition of shares by a key officer could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company executives.

Stakeholder Impact

  • Shareholders may view the information as part of their ongoing assessment of the company's management alignment with shareholder interests.

Key Dates

DateDescription
05/18/2019Date of exercisable stock options with an expiration date of 05/18/2028 and an exercise price of $23.02.
11/20/2021Stock options vest at a rate of 20% per year commencing on this date.
11/21/2020Date of exercisable stock options with an expiration date of 11/21/2029 and an exercise price of $22.12.
11/21/2022Shares of restricted stock vest at a rate of 20% per year commencing on this date; Stock options vest at a rate of 20% per year commencing on this date.
11/21/2023Shares of restricted stock vest at a rate of 20% per year commencing on this date; Stock options vest at a rate of 20% per year commencing on this date.
11/21/2024Shares of restricted stock vest at a rate of 20% per year commencing on this date; Stock options vest at a rate of 20% per year commencing on this date.
04/14/2025Date of transaction where 2,045 shares of common stock were acquired.
11/21/2025Shares of restricted stock vest at a rate of 20% per year commencing on this date; Stock options vest at a rate of 20% per year commencing on this date.
11/20/2030Expiration date of stock options granted on 11/20/2021.
11/21/2029Expiration date of stock options granted on 11/21/2020.
11/21/2031Expiration date of stock options granted on 11/21/2022.
11/21/2032Expiration date of stock options granted on 11/21/2023.
11/21/2033Expiration date of stock options granted on 11/21/2024.
11/21/2034Expiration date of stock options granted on 11/21/2025.

Keywords

beneficial ownership, stock options, restricted stock, Form 4, FSFG, Journell, First Savings Financial Group, COO

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