Form 4: First Financial Bancorp CFO James M. Anderson Reports Changes in Beneficial Ownership

James M. Anderson, CFO of First Financial Bancorp, reports the disposition of common stock to cover tax obligations related to vested restricted performance shares.

Summary

• On March 7, 2024, James M. Anderson, the Chief Financial Officer of First Financial Bancorp, reported changes in his beneficial ownership of the company's common stock.
• The transactions involved the disposition of shares to satisfy tax obligations related to the vesting of restricted performance shares.
• Specifically, 768 shares were disposed of at a price of $22.16, and another 3,725 shares were disposed of at the same price.
• Following these transactions, Anderson directly owns 83,557 shares of common stock.
• Anderson also indirectly owns 502 shares as UTMA Custodian for his daughter, 734 shares as UTMA Custodian for his son, and 20,125 shares through a 401-K.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors. This filing indicates the CFO's stock transactions related to vested performance shares, which is a common occurrence.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates