4/A: First Financial Bancorp CEO Reports Stock Transaction Following Performance Share Payout
SEC Filing (Form 4/A)
Archie M. Brown, President & CEO of First Financial Bancorp, reports a transaction involving common stock due to the payout of restricted performance shares.
Summary
- Archie M. Brown, the President & CEO of First Financial Bancorp, filed an amended Form 4 with the SEC on March 7, 2025.
- The form reports a transaction that occurred on March 5, 2025, involving the disposition of 13,546 shares of common stock at a price of $25.81.
- This transaction was related to the payout of 2022 restricted performance shares, adjusted to reflect a 150% payout.
- Following the reported transaction, Brown beneficially owns 253,391 shares of First Financial Bancorp common stock.
- Brown has granted power of attorney to Maria Hinkel and Terri J. Ziepfel to execute and file Forms 3, 4, and 5 on his behalf.
Sentiment
Score: 7
Explanation: The document is a standard SEC filing related to executive stock transactions, indicating normal business operations. The payout of performance shares suggests the company is meeting its goals.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the CEO's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 2020-10-30 | Date of Power of Attorney execution by Archie M. Brown. |
| 2025-03-05 | Date of stock transaction (disposal of shares). |
| 2025-03-07 | Date of original Form 4 filing and amended Form 4/A filing. |
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