Schoen Anthony A 4

What Happened

• Anthony A. Schoen, Chief Financial Officer of First Savings Financial Group, reported dispositions on February 1, 2026 totaling 196,566 FSFG shares (129,497 + 49,549 + 17,520). The Form 4 lists these as dispositions to the issuer in connection with the merger; no per-share cash price is shown on the filing. Under the merger agreement, each FSFG share was converted into the right to receive 0.85 shares of First Merchants Corporation common stock (with cash paid in lieu of any fractional shares). That conversion would equate to 167,081.1 First Merchants shares before any rounding/cash-in-lieu.

Key Details

• Transaction date: 2026-02-01 (three separate dispositions: 129,497; 49,549; 17,520 shares)
• Report filed: Form 4 filed on 2026-02-09 (filed 8 days after the transaction date; later than the usual 2-business-day Form 4 deadline)
• Price/value: Not reported on the Form 4; shares were converted under the merger rather than an open-market sale
• Shares owned after transaction: Not specified in this filing
• Footnote: Merger conversion ratio — each FSFG share converted into 0.85 shares of First Merchants Corporation; cash paid in lieu of fractional shares (Footnote F1)

Context

• This was a corporate-merger conversion (disposition to the issuer) rather than a routine open-market sale or a purchase; it represents the exchange of FSFG stock for First Merchants stock per the merger agreement and does not by itself indicate a personal sale for cash or signal about the insider’s view of the combined company's stock.