Howard William Eric 4

What Happened
Howard William Eric, an EVP and Chief Legal Officer of a First Savings subsidiary, had 2,361 shares disposed on January 20, 2026 to satisfy a tax liability (transaction code F). The shares were valued at $31.85 each for a total of about $75,198. This type of transaction is a tax withholding/disposition tied to vesting or exercise and is generally a routine administrative sale rather than an open-market bearish signal.

Key Details

• Transaction date: 2026-01-20; price: $31.85 per share; proceeds/value: ~$75,198.
• Transaction code F = payment of exercise price or tax liability (shares withheld/disposed to cover taxes).
• Filing date: 2026-01-23 (Form 4 accession 0001437749-26-001865) — filed three calendar days after the transaction (appears one business day late under the usual two-business-day Form 4 rule).
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: the filing notes that restricted stock and/or option vesting schedules were accelerated to the transaction date pursuant to the Agreement and Plan of Merger with First Merchants Corporation (i.e., vesting was accelerated).

Context
Tax-withholding disposals commonly follow accelerated vesting or option exercises and do not necessarily indicate an insider choosing to sell shares for investment reasons. The footnotes suggest the withholding relates to awards whose vesting was accelerated because of a merger; the F code simply reflects shares used to satisfy tax obligations.