Form 4: First Financial Bancorp CFO James M. Anderson Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| October 30, 2020 | Date 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, 2024 | Date of transaction where 1,071 shares of common stock were disposed of. |
| March 2, 2024 | Date of transaction where 925 shares of common stock were disposed of. |
| March 4, 2024 | Date of signature for the Form 4 filing by Maria Hinkel, POA. |
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