York Douglas A 4

What Happened Douglas A. York, a director of First Savings Financial Group, disposed of a total of 126,779 shares of FSFG common stock on February 1, 2026 (two dispositions: 66,779 and 60,000 shares). The Form 4 lists these as dispositions to the issuer (code D) with no per-share cash price reported — the shares were converted under the merger agreement into the right to receive 0.85 shares of First Merchants Corporation common stock (cash paid in lieu for fractional shares). This was a corporate-transaction disposition tied to the merger, not an open-market sale for cash.

Key Details

• Transaction date: 2026-02-01 (two dispositions: 66,779 and 60,000 shares; total 126,779 shares).
• Price/value: Not reported on the Form 4 (disposition listed as N/A); conversion ratio per footnote = 0.85 First Merchants shares per FSFG share (cash in lieu for fractions).
• Filing date: 2026-02-09 (filed 8 days after the transaction). Form 4s are generally required within 2 business days, so this filing appears later than typical.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Merger Agreement dated September 24, 2025 governs the conversion (each FSFG share → 0.85 First Merchants shares, subject to cash in lieu of fractional shares).
• Transaction code: D = disposition to the issuer (conversion under merger).

Context Dispositions to the issuer under a merger are routine corporate actions where outstanding shares are exchanged for acquirer stock (or cash for fractions) rather than sold on the open market; they do not necessarily signal an insider’s view of the company’s prospects. For retail investors, direct purchases by insiders tend to be more informative about confidence; conversion transactions like this primarily reflect deal mechanics.