Bennett-Martin Pamela 4

What Happened
Pamela Bennett-Martin, a director of First Savings Financial Group, reported a disposition to the issuer of 33,694 shares of FSFG common stock on 2026-02-01. No per-share price or cash proceeds are reported on the Form 4 because the shares were converted under a merger, not sold on the open market. Under the merger agreement, each FSFG share converts into the right to receive 0.85 shares of First Merchants Corporation common stock — equal to approximately 28,640 First Merchants shares before any cash‑in‑lieu for fractional shares.

Key Details

• Transaction date: 2026-02-01; Form 4 filed: 2026-02-09.
• Transaction type/code: Disposition to issuer (D); shares: 33,694; price: N/A (conversion).
• Resulting consideration: 0.85 First Merchants shares per FSFG share (see footnote) — ~28,640 FM shares before fractional cash adjustments.
• Shares owned after transaction: not specified on the filing.
• Footnote: Merger Agreement dated Sept 24, 2025 — each FSFG share converted into 0.85 First Merchants shares (cash paid in lieu of fractional shares).
• Timeliness: The Form 4 was filed eight days after the transaction date (outside the typical 2-business-day window for Form 4s).

Context
A "disposition to issuer" in this setting reflects corporate transaction mechanics (share conversion under a merger) rather than an open-market sale. Such filings generally do not indicate an insider buying or selling based on personal sentiment; they document the exchange of old-company shares for acquirer consideration and any cash-in-lieu for fractions.