Form 4: FSFG CFO Exercises Options, Boosts Stock Holdings

Sentiment:

Insider Transaction Report 31 December 2025 10:42 AM

📋All filings for First Savings Financial Group, INC

First Savings Financial Group's Chief Financial Officer, Anthony Schoen, exercised stock options, acquiring 11,850 shares of common stock.

Summary

Anthony A. Schoen, Chief Financial Officer of First Savings Financial Group, Inc. (FSFG), reported a transaction on December 9, 2025.
Schoen acquired 11,850 shares of Common Stock through the exercise of stock options at a price of $13.36 per share.
Following this transaction, Schoen directly beneficially owns 121,863 shares of Common Stock, which includes various tranches of restricted stock vesting at 20% per year commencing from November 21, 2022, November 21, 2023, November 21, 2024, November 21, 2025, April 14, 2026, and November 21, 2026.
Additionally, Schoen indirectly owns 49,190 shares through a 401(k) plan and 17,394 shares through an ESOP.
The exercised stock options were granted on November 21, 2017, and were fully vested, with an expiration date of November 21, 2026.
Schoen retains several other tranches of stock options with various exercise prices, vesting schedules, and expiration dates ranging from November 21, 2029, to November 21, 2034.

Sentiment

Score: 7

Explanation: The Chief Financial Officer's exercise of stock options and subsequent increase in direct beneficial ownership of company stock is generally viewed positively as it aligns management's interests with shareholders, indicating confidence in the company's future.

Positives

The Chief Financial Officer's exercise of stock options and subsequent increase in direct beneficial ownership demonstrates confidence in the company's future prospects.
Increased insider ownership aligns management's interests more closely with those of shareholders.

Future Outlook

This Form 4 filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction by a key executive is a routine disclosure required by the SEC. While it doesn't directly reflect broader industry trends, it can be interpreted by the market as a signal of management's confidence in the company's specific trajectory within its industry.

Related Party Transactions

The exercise of stock options by the Chief Financial Officer is a related party transaction, as it involves an executive of the company acquiring company securities.

Stakeholder Impact

Shareholders may view the CFO's increased stake as a positive signal, potentially boosting investor confidence in the company's leadership and future performance.

Next Steps

Continued vesting of various tranches of restricted stock and stock options held by the reporting person on their respective schedules.

Key Dates

Date	Description
11/21/2017	Grant date for 11,850 stock options exercised on 12/09/2025.
11/21/2020	Date exercisable for 1,500 stock options with an exercise price of $22.12.
11/20/2021	Date exercisable for 1,500 stock options with an exercise price of $21.1.
11/21/2022	Commencement of 20% per year vesting for certain restricted stock and 15,000 stock options with an exercise price of $26.72.
11/21/2023	Commencement of 20% per year vesting for certain restricted stock and 7,500 stock options with an exercise price of $22.49.
11/21/2024	Commencement of 20% per year vesting for certain restricted stock and 8,010 stock options with an exercise price of $15.1.
12/09/2025	Transaction date for the exercise of 11,850 stock options and acquisition of Common Stock.
11/21/2025	Commencement of 20% per year vesting for certain restricted stock and 1,850 stock options with an exercise price of $29.
04/14/2026	Commencement of 20% per year vesting for certain restricted stock.
11/21/2026	Expiration date for the 11,850 stock options exercised; also commencement of 20% per year vesting for certain restricted stock.
11/21/2029	Expiration date for 1,500 stock options with an exercise price of $22.12.
11/20/2030	Expiration date for 1,500 stock options with an exercise price of $21.1.
11/21/2031	Expiration date for 15,000 stock options with an exercise price of $26.72.
11/21/2032	Expiration date for 7,500 stock options with an exercise price of $22.49.
11/21/2033	Expiration date for 8,010 stock options with an exercise price of $15.1.
11/21/2034	Expiration date for 1,850 stock options with an exercise price of $29.
12/30/2025	Signature date of the reporting person's power of attorney.

Recommendation

hold

The CFO's exercise of options and increased stake is a positive signal of confidence in the company's future. However, this single transaction alone is not sufficient to change a broader investment thesis without additional financial or strategic updates. It reinforces a 'hold' position for existing investors, suggesting management believes in the current valuation or future potential.

Keywords

First Savings Financial Group, FSFG, Anthony Schoen, CFO, Stock Options, Insider Trading, Beneficial Ownership, Equity Acquisition, Form 4

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