Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses FSFG in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named FSFG in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Larry Myers | $458,597 | $144,718 | $60,023 | $44,102 | $0 | $0 | $70,524 | $777,964 |
| President and Chief Executive Officer | ||||||||
| Tony Schoen | 281,237 | 88,770 | 37,750 | 28,436 | 0 | 0 | 32,481 | 468,674 |
| Chief Financial Officer | ||||||||
| Jackie Journell | 249,260 | 47,402 | 18,875 | 15,123 | 0 | 0 | 29,333 | 359,993 |
| Chief Operating Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Larry Myers | $777,964 | — | — | — |
| Tony Schoen | 468,674 | — | — | — |
| Jackie Journell | 359,993 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Larry Myers | Option | 612 | 21.1 | — |
| Tony Schoen | Option | 8,010 | 15.1 | — |
| Jackie Journell | Option | 885 | 22.12 | — |
| Jackie Journell | Option | 324 | 21.1 | — |
| Jackie Journell | Option | 4,500 | 26.72 | — |
| Tony Schoen | Option | 300 | 22.12 | — |
| Jackie Journell | Option | 3,000 | 22.49 | — |
| Larry Myers | Option | 300 | 22.12 | — |
| Tony Schoen | Option | 6,000 | 22.49 | — |
| Tony Schoen | Option | 9,000 | 26.72 | — |
| Larry Myers | RSU | 11,795 | — | 280,839 |
| Larry Myers | Option | 9,000 | 22.49 | — |
| Tony Schoen | RSU | 7,820 | — | 186,194 |
| Jackie Journell | RSU | 4,070 | — | 96,907 |
| Larry Myers | Option | 13,500 | 26.72 | — |
| Larry Myers | Option | 12,423 | 15.1 | — |
| Tony Schoen | Option | 600 | 21.1 | — |
| Jackie Journell | Option | 4,260 | 15.1 | — |
The objective of our executive compensation program is to attract, retain, and motivate leaders who are committed to executing the Company's and the Bank's business strategies, acting in the best interests of our stakeholders, and creating long-term value for our shareholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | ChaseCompGroup |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2024 | 2024-02-06 | 3,400,149 | 673,507 | 119,887 | 83.47% | Passed |
| 2023 | 2023-02-07 | 3,739,107 | 210,079 | 83,625 | 94.68% | Passed |
| 2022 | 2022-02-08 | 3,821,939 | 102,419 | 106,931 | 97.39% | Passed |
| 2021 | 2021-02-16 | 1,404,449 | 50,709 | 27,811 | 96.52% | Passed |
| 2020 | 2020-02-18 | 1,293,545 | 42,781 | 121,715 | 96.8% | Passed |
| 2019 | 2019-02-19 | 1,263,060 | 89,593 | 28,118 | 93.38% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2024 | 2024-02-06 | 83.47%a |
| 2023 | 2023-02-07 | 94.68%b |
| 2022 | 2022-02-08 | 97.39%c |
a. Approved under the standard stated in the filing — “Similarly, abstentions and broker non-votes will have no effect on the outcome of the advisory, non-binding vote on the compensation of the named executive officers.”.
b. Approved under the standard stated in the filing — “Similarly, abstentions and broker non-votes will have no effect on the outcome of either the advisory, non-binding vote on the compensation of the named executive officers or the advisory, non-binding vote on the frequency of the shareholder vote on the compensation of the named executive officers.”.
c. Approved under the standard stated in the filing — “Similarly, abstentions and broker non-votes will have no effect on the outcome of the non-binding vote on the compensation of the named executive officers.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Martin A. PadgettIndependent · Audit (Chair) · Compensation · Nominating/Governance | $41,500 | $3,775 | $2,663 | $0 | $150 | $52,326 |
| L. Chris FordyceIndependent · Nominating/Governance (Chair) | 25,000 | 3,775 | 2,663 | 0 | 150 | 44,565 |
| John E. ColinIndependent · Board Chair · Lead Independent Director · Compensation · Nominating/Governance | 31,500 | 3,775 | 2,663 | 0 | 150 | 43,389 |
| Frank N. CzeschinIndependent · Audit · Compensation | 31,500 | 3,775 | 2,663 | 0 | 150 | 38,088 |
| John P. Lawson, JrIndependent · Nominating/Governance | 22,500 | 3,775 | 2,663 | 0 | 150 | 37,221 |
| Douglas A. YorkIndependent · Audit · Nominating/Governance | 30,000 | 3,775 | 2,663 | 0 | 150 | 36,588 |
| Pamela Bennett-MartinIndependent · Compensation (Chair) | 28,000 | 3,775 | 2,663 | 0 | 150 | 34,588 |
| Troy D. HankeIndependent · Audit | 27,500 | 3,775 | 2,663 | 0 | 150 | 34,088 |
| Steven R. StemlerIndependent · Nominating/Governance | 22,500 | 3,775 | 2,663 | 0 | 239 | 30,405 |
| Samuel E. EckartIndependent · Unknown - retired February 2024 · Departed during FY | — | — | — | 0 | — | 16,855 |
| Larry W. MyersEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $20,000 |
|---|---|
| Annual equity retainer | $6,438 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 8,000 / 5,000 |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $260,000 |
| Equity awards (grant-date value) | $33,975 |
| All other compensation | $1,439 |
| Total cost of the board | $295,414 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | First Savings Financial Group | 2024 | Larry Myers | $458,597 | $60,023 | $44,102 | $0 | $777,964 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Larry Myers | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Summary Compensation Table”. As printed: 777,964. Filing ↗machine: span 299826–299833 |
| 2 | Section 01, Tony Schoen | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Summary Compensation Table”. As printed: 468,674. Filing ↗machine: span 307067–307074 |
| 3 | Section 01, Jackie Journell | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Summary Compensation Table”. As printed: 359,993. Filing ↗machine: span 314279–314286 |
| 4 | Section 08, Martin A. Padgett | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 52,326. Filing ↗machine: t47 · r8 · c23 · span 110784–110790 |
| 5 | Section 08, L. Chris Fordyce | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 44,565. Filing ↗machine: t47 · r4 · c23 · span 102527–102533 |
| 6 | Section 08, John E. Colin | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 43,389. Filing ↗machine: t47 · r1 · c23 · span 96226–96232 |
| 7 | Section 08, Frank N. Czeschin | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 38,088. Filing ↗machine: t47 · r2 · c23 · span 98295–98301 |
| 8 | Section 08, John P. Lawson, Jr | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 37,221. Filing ↗machine: t47 · r6 · c23 · span 106655–106661 |
| 9 | Section 08, Douglas A. York | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 36,588. Filing ↗machine: t47 · r10 · c23 · span 114907–114913 |
| 10 | Section 08, Pamela Bennett-Martin | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 34,588. Filing ↗machine: t47 · r7 · c23 · span 108728–108734 |
| 11 | Section 08, Troy D. Hanke | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 34,088. Filing ↗machine: t47 · r5 · c23 · span 104592–104598 |
| 12 | Section 08, Steven R. Stemler | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 30,405. Filing ↗machine: t47 · r9 · c23 · span 112851–112857 |
| 13 | Section 08, Samuel E. Eckart | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 16,855. Filing ↗machine: t47 · r3 · c15 · span 99838–99844 |
| 14 | Section 08, Larry W. Myers | DEF 14A | 2025-01-08 | 0001104659-25-001979 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 06, 2024 vote | Form 8-K | 2024-02-07 | 0001104659-24-011280 | Item 5.07 · say-on-pay result. As reported: 83.47% (votes for as printed: 3,400,149). Filing ↗ |
| 16 | Section 06, 2023 vote | Form 8-K | 2023-02-08 | 0001104659-23-012502 | Item 5.07 · say-on-pay result. As reported: 94.68% (votes for as printed: 3,739,107). Filing ↗ |
| 17 | Section 06, 2022 vote | Form 8-K | 2022-02-10 | 0001104659-22-019518 | Item 5.07 · say-on-pay result. As reported: 97.39%. Filing ↗ |
| 18 | Section 09b board cost (computed) | Computed | — | computed | Cash 260,000 + equity 33,975 + all other 1,439 = 295,414, summed across the director compensation table rows.machine: formula: Σ = 295,414 |
| 19 | First Savings Financial Group (subject), Section 10b CEO total | DEF 14A | 2025-01-08 | 0001104659-25-001979 | CEO total compensation as printed in First Savings Financial Group's own proxy. As printed: 777,964. Filing ↗machine: span 299826–299833 |