Myers Larry W 4
4 · First Savings Financial Group, Inc. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
First Savings (FSFG) CEO Larry Myers Exercises Options
What Happened
- Larry W. Myers, President & CEO and a director of First Savings Financial Group (FSFG), exercised stock options on Jan 22, 2026 to acquire 18,303 shares at several exercise prices. The exercised tranches: 4,500 @ $26.72 ($120,240), 4,500 @ $22.49 ($101,205), 7,003 @ $15.10 ($105,745), and 2,300 @ $29.00 ($66,700) — total value about $393.9K. Concurrently 11,669 shares were surrendered/withheld to cover the tax liability or exercise cost (reported as a disposition at $33.75, $393,829), leaving a net of 6,634 newly issued shares to Myers. Footnote indicates the shares/options were fully vested.
Key Details
- Transaction date: 2026-01-22
- Exercise tranches and values: 4,500 @ $26.72 ($120,240); 4,500 @ $22.49 ($101,205); 7,003 @ $15.10 ($105,745); 2,300 @ $29.00 ($66,700)
- Tax/exercise settlement: 11,669 shares withheld/paid @ $33.75 ($393,829)
- Net shares received: 18,303 exercised − 11,669 withheld = 6,634 shares retained
- Footnote: F1 — stocks are fully vested
- Transaction codes: M = option exercise; F = payment of exercise price/tax withholding; several lines show derivative instruments cancelled/converted (disposed @ $0.00)
- Filing timeliness: Report filed 2026-01-30 for a 2026-01-22 transaction (file appears late vs. the usual Form 4 deadline of two business days)
Context
- This was an option exercise with a net-share settlement (shares withheld to cover taxes), a common administrative step rather than an open-market sale or purchase. Such exercises convert vested options into company stock; withholding/surrendered shares to cover taxes is routine and does not by itself indicate a directional view on the stock.
Insider Transaction Report
Form 4
Myers Larry W
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2026-01-22$26.72/sh+4,500$120,240→ 101,862 total - Exercise/Conversion
Common Stock
2026-01-22$22.49/sh+4,500$101,205→ 106,362 total - Exercise/Conversion
Common Stock
2026-01-22$15.10/sh+7,003$105,745→ 113,365 total - Exercise/Conversion
Common Stock
2026-01-22$29.00/sh+2,300$66,700→ 115,665 total - Tax Payment
Common Stock
2026-01-22$33.75/sh−11,669$393,829→ 103,996 total - Exercise/Conversion
Stock Options
[F1]2026-01-22−4,500→ 0 totalExercise: $26.72From: 2022-11-21Exp: 2031-11-21→ Common Stock (4,500 underlying) - Exercise/Conversion
Stock Options
[F1]2026-01-22−4,500→ 0 totalExercise: $22.49From: 2023-11-21Exp: 2032-11-21→ Common Stock (4,500 underlying) - Exercise/Conversion
Stock Options
[F1]2026-01-22−7,003→ 0 totalExercise: $15.10From: 2024-11-21Exp: 2033-11-21→ Common Stock (7,003 underlying) - Exercise/Conversion
Stock Options
[F1]2026-01-22−2,300→ 0 totalExercise: $29.00From: 2025-11-21Exp: 2034-11-21→ Common Stock (2,300 underlying)
Holdings
- 211,853(indirect: By 401(k))
Common Stock
- 31,022(indirect: By ESOP)
Common Stock
- 84,687(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]Stock are fully vested.
Signature
/s/ Victor L. Cangelosi, pursuant to power of attorney|2026-01-30