Form 4: First Financial Bancorp Executive Amanda Neeley Reports Stock Disposals
SEC Form 4 Filing
Amanda Neeley, EVP and Chief Strategy Officer of First Financial Bancorp, reports the disposal of common stock to cover tax obligations.
Summary
- Amanda Neeley, an executive at First Financial Bancorp, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On March 1, 2024, she disposed of 874 shares of common stock at a price of $21.62 per share to cover tax obligations.
- On March 2, 2024, she disposed of 583 shares of common stock at a price of $21.62 per share to cover tax obligations.
- Following these transactions, Neeley directly owns 38,342 shares of common stock and indirectly owns 21,2508 shares through a 401(k).
- The filing was signed on her behalf by Maria Hinkel, under a power of attorney dated February 2, 2021.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in compliance with SEC regulations.
- The transactions are typical for executives managing their stock holdings for tax purposes and diversification.
- Comparable companies would have similar filings when their executives trade company stock.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 2021-02-02 | Date of Power of Attorney granted to Maria Hinkel and Terri J. Ziepfel. |
| 2024-03-01 | Date of common stock disposal of 874 shares at $21.62. |
| 2024-03-02 | Date of common stock disposal of 583 shares at $21.62. |
| 2024-03-05 | Date of signature on the Form 4 filing. |
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