Form 4: First Financial Bancorp Director Andre T. Porter Reports Transaction in Company Stock
SEC Form 4 Filing
Director Andre T. Porter of First Financial Bancorp reported the acquisition of 3,148 shares of common stock at $22.24 per share on May 28, 2024, and the disposal of 9,203 shares.
Summary
- On May 28, 2024, Andre T. Porter, a director of First Financial Bancorp, acquired 3,148 shares of common stock at a price of $22.24 per share.
- Following this transaction, Porter directly owns 9,203 shares of First Financial Bancorp common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Andre T. Porter also disposed of 9,203 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, depending on how the market interprets the director's trading activity.
Key Dates
| Date | Description |
|---|---|
| May 22, 2023 | Date of Power of Attorney execution. |
| May 28, 2024 | Date of stock transaction (acquisition and disposal). |
| May 30, 2024 | Date of signature on the Form 4 filing. |
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