Company: FCAP
Filing Date: 2025-08-29
Form Type: 8-K
Source: 0001104659-25-085749
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Company: FIRST CAPITAL INC
Filing Date: 2025-08-29
Form: 8-K
Item: Item 8.01
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Item 8.01 Other Events.

On August 29, 2025, First Capital, Inc. (the “ Company”)
entered into a Joint Rule 10b5-1/Rule 10b-18 Plan Agreement (the “ Plan”) under which the Company’s
designated broker will have the authority to repurchase up to 113,236 shares of common stock of the Company commencing on September 4,
2025 and expiring August 28, 2026, unless terminated earlier pursuant to the terms of the Plan. The Plan is intended to be administered
in accordance with the terms of Rule 10b-18 and 10b5-1, which provide safe harbor from liability for stock manipulation and insider
trading rules, respectively.

The Plan has been established in connection with the Company’s
previously disclosed stock repurchase authorization (the “ Repurchase Authorization”), which was approved by the Company’s
Board of Directors on August 19, 2008, and authorized the repurchase of up to 240,467 shares of the Company’s common stock,
as conditions warrant. As of August 29, 2025, 127,231 shares of Company common stock had been repurchased under the Repurchase Authorization.
The timing and extent of the repurchases under the Plan are subject to Securities and Exchange Commission (the “ SEC”) regulations
as well as certain price, market volume and timing constraints specified in the Plan.

Cautionary Note Regarding Forward-Looking Statements

This report certains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of the words “anticipate,”
“believe,” “expect,” “intend,” “could” and “should,” and other words of similar
meaning. Forward-looking statements are not historical facts nor guarantees of future performance; rather, they are statements based on
the Company’s current beliefs, assumptions, and expectations regarding its business strategies and their intended results and its
future performance. Numerous risks and uncertainties could cause or contribute to the Company’s actual results, performance and
achievements to be materially different from those expressed or implied by these forward-looking statements. Factors that may cause or
contribute to these differences include, without limitation, general economic conditions, including changes in market interest rates and
changes in monetary and fiscal policies of the federal government; competition; the ability of the Company to execute its business plan;
legislative