Form 4: FSFG CEO Myers Exercises Options, Boosts Direct Stake

First Savings Financial Group's President & CEO, Larry W. Myers, reported exercising multiple stock options and increasing his direct beneficial ownership of common stock.

Summary

• Larry W. Myers, President & CEO and Director of First Savings Financial Group, Inc. (FSFG), reported multiple transactions on December 11, 2025.
• Myers acquired a total of 67,284 shares of common stock through the exercise of various stock options, with exercise prices ranging from $13.36 to $29.00 per share.
• Concurrently, Myers disposed of 38,705 shares of common stock at a price of $33.08 per share, likely to cover tax liabilities associated with the option exercises.
• Following these transactions, Myers' direct beneficial ownership of common stock stands at 101,125 shares.
• Indirect beneficial ownership includes 210,475 shares held in a 401(k) plan, 30,799 shares in an ESOP, and 84,687 shares in a Spouse's IRA, totaling 325,961 indirect shares.
• The aggregate beneficial ownership (direct and indirect) for Larry W. Myers is 427,086 shares of First Savings Financial Group, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to the net increase in direct beneficial ownership by a key executive, indicating continued alignment with shareholder interests, despite the disposition for tax purposes.

Positives

• A net increase of 28,579 shares in direct beneficial ownership of common stock by the President & CEO, demonstrating continued alignment with shareholder interests.
• The exercise of multiple stock options indicates management's realization of value from their equity compensation and potential confidence in the company's future performance.
• Significant total beneficial ownership of 427,086 shares (direct and indirect) by a key executive.

Negatives

• The disposition of 38,705 shares, although likely for tax withholding, reduces the immediate increase in direct ownership from the option exercises.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased direct ownership by the CEO can be viewed positively, signaling confidence in the company's future and aligning management's interests with those of investors.
• Employees: The reported holdings in ESOP and 401(k) plans indicate broader employee equity participation, which can foster a sense of ownership and commitment.

Next Steps

• Continued vesting of restricted stock and stock options on various dates, with the next vesting event for some restricted stock commencing April 14, 2026.

Key Dates

Recommendation

This Form 4 details routine insider transactions involving option exercises and tax-related share dispositions by the CEO. While it shows a net increase in direct ownership, it does not provide new fundamental information about the company's performance or strategic direction that would warrant a change from a 'hold' recommendation. Investors should consider the company's broader financial health and market position for a comprehensive investment decision.

Keywords

First Savings Financial Group, FSFG, Larry W. Myers, Insider Trading, Stock Options, Common Stock, Beneficial Ownership, CEO, Director, SEC Form 4, Equity Compensation, Financial Services