4/A: First Financial Bancorp CFO James M. Anderson Reports Transaction

James M. Anderson, CFO of First Financial Bancorp, reports a transaction involving the disposal of common stock to cover taxes related to the payout of restricted performance shares.

Summary

• On March 5, 2025, James M. Anderson, the Chief Financial Officer of First Financial Bancorp, disposed of 2,989 shares of common stock at a price of $25.81 per share.
• This transaction was reported on a Form 4/A, which is an amendment to a previous filing.
• Following the transaction, Anderson directly owns 112,097 shares of First Financial Bancorp common stock.
• The transaction was related to the payout of 2022 restricted performance shares at 150%.
• Anderson has a Power of Attorney agreement in place, allowing Maria Hinkel and Terri J. Ziepfel to execute and file SEC forms on his behalf.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock transaction by an executive, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.

Comparison to Industry Standards

• Executive compensation practices, including the use of restricted stock units (RSUs) and performance-based equity, are common across the financial services industry.
• Companies like JPMorgan Chase, Bank of America, and Citigroup also utilize similar equity-based compensation plans for their executives.
• The reporting requirements under Section 16(a) of the Securities Exchange Act of 1934 are standard practice for all publicly traded companies in the United States.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it is a routine disclosure of an executive's stock activity.
• The transaction is related to executive compensation, which is of interest to shareholders.

Key Dates