Parisien Kent L. 4
Accession 0001437749-26-001885
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 2:41 PM ET
Size
10.5 KB
Accession
0001437749-26-001885
Research Summary
AI-generated summary of this filing
First Savings (FSFG) EVP Kent Parisien Sells 341 Shares
What Happened
Kent L. Parisien, EVP and Area President of First Savings Financial Group (FSFG), disposed of 341 shares on January 20, 2026 at $31.85 per share for a total of $10,861. The transaction is reported under code F, indicating the share disposition was to pay an exercise price or satisfy tax withholding (i.e., shares were withheld/sold to cover taxes rather than a market-driven sale).
Key Details
- Transaction date: 2026-01-20; Filing date: 2026-01-23. (Filing occurred three days after the transaction.)
- Price per share: $31.85; Total value: $10,861.
- Transaction code: F — payment of exercise price or tax liability (withholding).
- Shares owned after transaction: not specified in the excerpt provided.
- Relevant footnotes: Several footnotes indicate restricted stock and option vesting schedules were accelerated to the transaction/merger date under the Agreement and Plan of Merger with First Merchants Corporation (vested shares/options may have been the source of the tax liability).
- No indication in the provided excerpt of a 10b5-1 plan or that the filing was amended; check full Form 4 for additional details.
Context
This appears to be a routine withholding/sale to cover tax obligations triggered by accelerated vesting (not an opportunistic sell). For options or restricted stock, code F typically means shares were surrendered/withheld for taxes rather than a discretionary open-market sale — such transactions do not necessarily signal insider sentiment about the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-01-20$31.85/sh−341$10,861→ 5,022 total
- 2,123(indirect: By 401(k))
Common Stock
[F3] - 9,000
Stock Options
[F4]Exercise: $23.02From: 2019-05-18Exp: 2028-05-18→ Common Stock (9,000 underlying) - 7,500
Stock Options
[F5]Exercise: $26.72From: 2022-11-21Exp: 2031-11-21→ Common Stock (7,500 underlying) - 3,750
Stock Options
[F6]Exercise: $22.49From: 2023-11-21Exp: 2032-11-21→ Common Stock (3,750 underlying)
Footnotes (6)
- [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.
- [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]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
- [F4]Stock options are fully vested.
- [F5]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.
- [F6]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.
Signature
Documents
Issuer
First Savings Financial Group, Inc.
CIK 0001435508
Related Parties
1- filerCIK 0001732962
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 2:41 PM ET
- Size
- 10.5 KB