Form 4: First Financial Bancorp Executive Karen Woods Reports Stock Disposals to Cover Tax Obligations

Karen Woods, General Counsel & CAO of First Financial Bancorp, reports disposing of shares to cover tax obligations arising from vesting restricted stock.

Summary

• Karen Woods, General Counsel & CAO of First Financial Bancorp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• The transactions involved the disposal of common stock to satisfy tax withholding obligations related to the vesting of restricted stock.
• On March 7, 2025, Woods disposed of 1,028 shares at $25.45 and 1,088 shares at $25.45.
• Following these transactions, Woods directly owns 79,296 shares of First Financial Bancorp common stock.
• Woods also indirectly owns 100 shares as UTMA Custodian for her daughter.
• The filing also includes a Power of Attorney, effective January 29, 2021, authorizing Maria Hinkel and Terri J. Ziepfel to execute and file Forms 3, 4, and 5 on Woods' behalf.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes. It doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. Disposals to cover tax obligations are common.

Stakeholder Impact

• The stock disposal is unlikely to have a significant impact on shareholders, as it is related to tax obligations and represents a small percentage of Woods' total holdings.

Key Dates