Howard William Eric 4

What Happened
Howard William Eric, EVP and CLO of a First Savings subsidiary, exercised stock options on January 22, 2026. He exercised a total of 8,373 options in three tranches (363, 3,750 and 4,260 shares) for a combined exercise amount of approximately $158,363. To cover the exercise price and/or tax liability, 4,690 shares were surrendered/withheld (reported as a disposition under code F), leaving a net 3,683 shares issued to him. The filing notes the options were fully vested (footnote F1).

Key Details

• Transaction date: 2026-01-22; Form 4 filed: 2026-01-30 (filed 8 days after the transaction).
• Exercises (acquisitions, code M): 363 @ $26.72 ($9,699); 3,750 @ $22.49 ($84,338); 4,260 @ $15.10 ($64,326). Total exercise cost ≈ $158,363.
• Withholding/disposition (code F): 4,690 shares @ $33.75 reported as surrendered to cover exercise price/taxes (≈ $158,288).
• Net shares retained after withholding: 3,683 (8,373 exercised − 4,690 withheld).
• Footnote: F1 — stock options are fully vested.
• Shares owned after transaction: Not specified in the provided excerpt.
• Timeliness: The Form 4 was filed more than 2 business days after the transactions (appears late).

Context
This was an option exercise (derivative conversion) with company shares withheld to satisfy tax/exercise obligations — a common cashless-style settlement that does not necessarily signal a directional view on the stock. The filing shows both the acquisition of shares via option exercise and the cancellation/settlement of the related derivative positions (reported at $0.00), consistent with options being converted into shares.