4//SEC Filing
Myers Larry W 4
Accession 0001437749-26-001872
CIK 0001435508other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 2:35 PM ET
Size
15.2 KB
Accession
0001437749-26-001872
Research Summary
AI-generated summary of this filing
First Savings (FSFG) CEO Larry Myers Surrenders 3,763 Shares for Taxes
What Happened
- Larry W. Myers, President & CEO and a director of First Savings Financial Group (FSFG), had 3,763 shares disposed on January 20, 2026 to satisfy tax withholding obligations. The shares were valued at $31.85 each, for a total of approximately $119,852.
- This transaction is coded "F" (payment of exercise price or tax liability) — meaning shares were surrendered/withheld for taxes rather than sold on the open market.
Key Details
- Transaction date: 2026-01-20. Filing date (Form 4): 2026-01-23.
- Price per share: $31.85; total value: ~$119,852.
- Shares owned after the transaction: Not specified in the provided excerpt (see the full Form 4 for total post-transaction holdings).
- Notable footnotes: The filing includes multiple notes saying restricted stock and option vesting were accelerated to the transaction date pursuant to the Agreement and Plan of Merger with First Merchants Corporation — the withheld shares relate to those accelerated vesting events.
- Timeliness: The Form 4 was filed three days after the transaction (typically due within two business days), so it appears to have been filed after the usual Section 16 reporting window.
Context
- Because this is a tax-withholding disposition (code F), it reflects routine administration of vested awards rather than an open-market sale or a purchase; it should not be interpreted as a directional market signal by itself.
- The filing indicates accelerated vesting tied to a merger, which commonly leads to tax-withholding share surrenders when awards vest.
Insider Transaction Report
Form 4
Myers Larry W
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
[F1][F2][F3][F4][F5]2026-01-20$31.85/sh−3,763$119,852→ 97,362 total
Holdings
- 211,853(indirect: By 401(k))
Common Stock
[F6] - 31,022(indirect: By ESOP)
Common Stock
[F6] - 84,687(indirect: By Spouse)
Common Stock
- 4,500
Stock Options
[F7]Exercise: $26.72From: 2022-11-21Exp: 2031-11-21→ Common Stock (4,500 underlying) - 4,500
Stock Options
[F8]Exercise: $22.49From: 2023-11-21Exp: 2032-11-21→ Common Stock (4,500 underlying) - 7,003
Stock Options
[F9]Exercise: $15.10From: 2024-11-21Exp: 2033-11-21→ Common Stock (7,003 underlying) - 2,300
Stock Options
[F10]Exercise: $29.00From: 2025-11-21Exp: 2034-11-21→ Common Stock (2,300 underlying)
Footnotes (10)
- [F1]Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2022. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
- [F10]Stock options were scheduled to vest as follows: 750 shares fully vested on November 21, 2025, with the remaining shares vesting at a rate of 20% per year commencing on November 21, 2025. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
- [F2]Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2023. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
- [F3]Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2024. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
- [F4]Includes shares of restricted stock which were scheduled to vest as follows: 250 shares fully vest on November 21, 2025, with the remaining shares vesting at a rate of 20% per year commencing on November 21, 2025. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
- [F5]Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on April 14, 2026. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
- [F6]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
- [F7]Stock options were scheduled to vest at a rate of 20% per year commencing on November 21, 2022. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
- [F8]Stock options were scheduled to vest as follows: 750 shares fully vested on November 21, 2023, with the remaining shares vesting at a rate of 20% per year commencing on November 21, 2023. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
- [F9]Stock options were scheduled to vest as follows: 750 shares fully vested on November 21, 2024, with the remaining shares vesting at a rate of 20% per year commencing on November 21, 2024. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
Signature
/s/ Victor L. Cangelosi, pursuant to power of attorney|2026-01-23
Documents
Issuer
First Savings Financial Group, Inc.
CIK 0001435508
Entity typeother
Related Parties
1- filerCIK 0001442094
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 2:35 PM ET
- Size
- 15.2 KB