Form 4: First Financial Bancorp Director Dawn C. Morris Reports Transaction
SEC Form 4 Filing
Director Dawn C. Morris 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 6,670 shares.
Summary
- On May 28, 2024, Dawn C. Morris, a director of First Financial Bancorp, acquired 3,148 shares of common stock at a price of $22.24 per share.
- Following this transaction, Ms. Morris directly owns 6,670 shares of First Financial Bancorp.
- The transaction was reported on a Form 4 filing with the SEC.
- Maria Hinkel, acting as attorney-in-fact, signed the report on May 30, 2024, on behalf of Dawn C. Morris.
- A previous power of attorney document, effective May 15, 2023, authorizes Maria Hinkel and Terri J. Ziepfel to execute SEC filings on behalf of Ms. Morris.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.
Industry Context
This filing is a routine disclosure of a transaction by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders in publicly traded companies, ensuring transparency and compliance with SEC regulations.
- Similar filings are made by directors and officers of comparable financial institutions like Fifth Third Bancorp and Huntington Bancshares to report their transactions in company stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, reflecting the director's investment in the company.
- The filing ensures transparency for all stakeholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 2023-05-15 | Date of Power of Attorney execution, authorizing Maria Hinkel and Terri J. Ziepfel to act on behalf of Dawn C. Morris for SEC filings. |
| 2024-05-28 | Date of the transaction: Dawn C. Morris acquired 3,148 shares of common stock at $22.24 per share. |
| 2024-05-30 | Date the Form 4 was signed by Maria Hinkel, POA, on behalf of Dawn C. Morris. |
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