Nelson James W 4
Accession 0001437749-26-001875
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 2:36 PM ET
Size
12.9 KB
Accession
0001437749-26-001875
Research Summary
AI-generated summary of this filing
First Savings (FSFG) EVP James W. Nelson Sells 2,035 Shares
What Happened
James W. Nelson, EVP and Chief Risk Officer of First Savings Financial Group (FSFG), had 2,035 shares disposed on Jan 20, 2026 at $31.85 per share, generating approximately $64,815. The transaction is coded F, meaning shares were surrendered/ sold to satisfy an exercise price or tax withholding obligation (not an open‑market investment sell).
Key Details
- Transaction date and price: Jan 20, 2026 — 2,035 shares at $31.85 each (total ~$64,815).
- Transaction type: F (payment of exercise price or tax liability — shares disposed to cover taxes).
- Shares owned after transaction: Not specified in the supplied excerpt.
- Notable footnotes: Filing notes that restricted stock and options vesting schedules were accelerated to the transaction date pursuant to the Agreement and Plan of Merger with First Merchants Corporation. This likely explains the tax withholding event.
- Filing timeliness: Form 4 filed Jan 23, 2026 for the Jan 20 transaction — appears to be one business day late (may be marked late on the Form 4).
Context
An F‑coded disposal typically reflects shares withheld or sold to cover taxes when restricted stock vests or options are exercised; it is generally considered a routine administrative transaction rather than a directional insider sale. The filing’s footnotes indicate vesting was accelerated due to a merger, which likely triggered the withholding.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2][F3][F4][F5][F6]2026-01-20$31.85/sh−2,035$64,815→ 7,988 total
- 7,500
Stock Options
[F7]Exercise: $26.72From: 2022-11-21Exp: 2031-11-21→ Common Stock (7,500 underlying) - 3,750
Stock Options
[F8]Exercise: $22.49From: 2023-11-21Exp: 2032-11-21→ Common Stock (3,750 underlying) - 4,250
Stock Options
[F9]Exercise: $15.10From: 2024-11-21Exp: 2033-11-21→ Common Stock (4,250 underlying) - 960
Stock Options
[F10]Exercise: $29.00From: 2025-11-21Exp: 2034-11-21→ Common Stock (960 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 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 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]Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2026. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
- [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 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 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
Documents
Issuer
First Savings Financial Group, Inc.
CIK 0001435508
Related Parties
1- filerCIK 0001308657
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 2:36 PM ET
- Size
- 12.9 KB