Schoen Anthony A 4
Research Summary
AI-generated summary
First Savings (FSFG) CFO Anthony A. Schoen Exercises Options
What Happened
Anthony A. Schoen, Chief Financial Officer of First Savings Financial Group (FSFG), exercised multiple stock options on 2026-01-22 to acquire a total of 35,360 shares at varying exercise prices. The filing shows aggregate cash exercise amounts across the lots and a withholding of 23,964 shares to cover taxes/exercise obligations valued at $808,785, leaving Schoen with a net receipt of 11,396 shares. Footnotes indicate the options were fully vested.
Key Details
- Transaction date: 2026-01-22; filed 2026-01-30 (filed 8 days after the transactions).
- Option exercise lots (shares @ exercise price):
- 1,500 @ $22.12 = $33,180
- 1,500 @ $21.10 = $31,650
- 15,000 @ $26.72 = $400,800
- 7,500 @ $22.49 = $168,675
- 8,010 @ $15.10 = $120,951
- 1,850 @ $29.00 = $53,650
(total acquired: 35,360 shares; aggregate exercise payments shown ≈ $808.9K)
- Withholding/tax payment: 23,964 shares surrendered @ $33.75 = $808,785 (transaction code F).
- Net shares received: 35,360 − 23,964 = 11,396 shares.
- Footnote: stock options are fully vested (F1).
- Shares owned after transaction: not specified in the provided excerpt.
- Transaction codes: M = option exercise, F = payment of exercise price/tax withholding.
Context
This was an option exercise with a net settlement (shares were withheld to satisfy taxes/exercise costs), a common routine for executives exercising vested options. Purchasing (exercising) options results in acquiring company stock, but the withholding means only a portion of shares remained with the insider. The filing appears to have been submitted after the typical two-business-day Form 4 deadline.