Haley Marie 4
Research Summary
AI-generated summary
First Savings (FSFG) EVP Haley Marie Exercises Stock Options
What Happened
- Haley Marie, EVP and Retail Chief Officer of a First Savings subsidiary, exercised stock options on 2026-01-22 to acquire a total of 14,046 common shares. The exercises were: 9,000 shares at $13.36 ($120,240), 786 shares at $22.49 ($17,677), and 4,260 shares at $15.10 ($64,326) — totaling $202,243 in exercise consideration.
- To satisfy tax withholding and/or exercise payment, 5,990 shares were surrendered (disposed) at an implied value of $33.75 per share for a total of $202,163 (transaction code F). The filing also lists related derivative conversion lines showing $0 proceeds, which reflect the mechanics of converting options into shares.
- Footnote: the stock options exercised were fully vested (F1). The Form 4 was filed on 2026-01-30 for transactions dated 2026-01-22 (filed late by several days).
Key Details
- Transaction date: 2026-01-22. Exercises: 9,000 @ $13.36; 786 @ $22.49; 4,260 @ $15.10. Surrender/withholding: 5,990 @ $33.75.
- Aggregate exercise cash paid: $202,243. Aggregate value of surrendered shares: $202,163.
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — stock options fully vested. Transaction codes: M = option exercise/conversion, F = payment of exercise price/tax liability (share withholding).
- Filing timeliness: Form 4 was filed 2026-01-30 for 2026-01-22 transactions (filed late relative to the two-business-day requirement).
Context
- This was an exercise of vested options (not an open-market purchase). The surrender of nearly 6,000 shares to cover taxes/exercise is a common cashless/net settlement practice and does not by itself indicate a view for or against the stock.
- For retail investors: option exercises show insiders converting compensation into company stock, but the withholding sale reduces the insider’s net new shares. Because the filing was late, check future filings for any additional details.