James E. Valete - 20 Jan 2026 Form 4 Insider Report for First Savings Financial Group, Inc. (FSFG)

Role: EVP, Chief SBA Lending Officer
Signature: /s/ Victor L. Cangelosi, pursuant to power of attorney
Issuer symbol: FSFG
Transactions as of: 20 Jan 2026
Net transactions value: -$57,999
Form type: 4
Filing time: 23 Jan 2026, 14:37:22 UTC
Previous filing: 25 Nov 2025
Next filing: 30 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Valete James E.	EVP, Chief SBA Lending Officer	702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE	/s/ Victor L. Cangelosi, pursuant to power of attorney	23 Jan 2026	0001923258

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSFG	Common Stock	Tax liability	$57,999	-1,821	-28%	$31.85	4,662	20 Jan 2026	Direct	F1, F2, F3, F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	FSFG	Stock Options						3,750	20 Jan 2026	Common Stock	3,750	$22.49	Direct	F6
holding	FSFG	Stock Options						4,250	20 Jan 2026	Common Stock	4,250	$15.10	Direct	F7
holding	FSFG	Stock Options						960	20 Jan 2026	Common Stock	960	$29.00	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2023. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
F2	Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2024. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
F3	Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2025. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
F4	Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on April 14, 2026. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
F5	Includes shares of restricted stock which were scheduled to vest at a rate of 20% per year commencing on November 21, 2026. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
F6	Stock options were scheduled to vest at a rate of 20% per year commencing on November 21, 2023. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
F7	Stock options were scheduled to vest at a rate of 20% per year commencing on November 21, 2024. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.
F8	Stock options were scheduled to vest at a rate of 20% per year commencing on November 21, 2025. Pursuant to the Agreement and Plan of Merger between the Issuer and First Merchants Corporation, vesting was accelerated to the transaction date.