Journell Jacqueline R 4

What Happened

• Jacqueline R. Journell, Chief Operating Officer of First Savings Financial Group (FSFG), reported exercising stock option derivatives on January 20, 2026. She acquired a total of 6,324 shares through option exercises for a combined cash cost of $134,683.
• Breakdown of exercised lots: 1,500 shares @ $26.72 = $40,080; 1,500 shares @ $22.49 = $33,735; 2,556 shares @ $15.10 = $38,596; 768 shares @ $29.00 = $22,272. The filing also lists several derivative dispositions with N/A share/price entries (no cash proceeds reported).

Key Details

• Transaction date: January 20, 2026; Form 4 filed January 23, 2026 (reporting period 2026-01-20).
• Total acquired: 6,324 shares; total paid: $134,683 (sum of exercised lots above).
• Transaction code: M (exercise/conversion of derivative — stock option exercise).
• Shares owned after transaction: not specified in the filing.
• Footnotes: Multiple footnotes state that restricted stock and option vesting schedules were accelerated to the transaction date pursuant to the Agreement and Plan of Merger between the issuer and First Merchants Corporation.
• The filing shows derivative dispositions with N/A amounts (the form does not specify whether shares were withheld for taxes or otherwise disposed).

Context

• Code M indicates these were option exercises (insider acquired shares via converting options). The filing does not show open-market sales of the acquired shares.
• Vesting acceleration due to the merger is a common reason for insiders exercising multiple grants at once; the filing’s footnotes explicitly cite the merger agreement for accelerated vesting.