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

Sentiment:

SEC Form 4 Filing


James M. Anderson, CFO of First Financial Bancorp, reports the disposal of common stock to cover tax obligations, resulting in adjustments to his beneficial ownership.

Summary

  • On March 1, 2024, James M. Anderson, the Chief Financial Officer of First Financial Bancorp, disposed of 1,071 shares of common stock at a price of $21.62.
  • Following this transaction, Anderson directly owns 86,262 shares of common stock.
  • On March 2, 2024, Anderson disposed of 925 shares of common stock at a price of $21.62.
  • Following this transaction, Anderson directly owns 85,337 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 routine regulatory filing, indicating neutral sentiment. It reflects standard transactions related to insider stock ownership.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the small number of shares involved.

Key Dates

DateDescription
October 30, 2020Date of Power of Attorney execution, authorizing Maria Hinkel and Terri J. Ziepfel to act on behalf of James M. Anderson for SEC filings.
March 1, 2024Date of transaction where 1,071 shares of common stock were disposed of.
March 2, 2024Date of transaction where 925 shares of common stock were disposed of.
March 4, 2024Date of signature for the Form 4 filing by Maria Hinkel, POA.

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