Form 4: First Financial Bancorp Executive Vice President Amanda Neeley Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Amanda Neeley, EVP and Chief Strategy Officer of First Financial Bancorp, reports the disposition of common stock due to tax withholding related to the vesting of restricted performance shares.
Summary
- On March 7, 2024, Amanda Neeley, EVP and Chief Strategy Officer of First Financial Bancorp, reported changes in beneficial ownership of the company's common stock.
- The transactions involved the disposition of 658 and 2,368 shares of common stock at a price of $22.16 per share.
- These dispositions were related to tax withholding requirements associated with the vesting of restricted performance shares.
- Following the reported transactions, Neeley directly owns 36,998 shares of common stock and indirectly owns 21.2508 shares through a 401(k).
- The filing also includes a power of attorney granted in 2021, authorizing Maria Hinkel and Terri J. Ziepfel to execute and file SEC forms on Neeley's behalf.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to equity compensation and tax obligations, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to tax obligations of an executive officer.
Key Dates
| Date | Description |
|---|---|
| 02/02/2021 | Date of Power of Attorney execution. |
| 03/07/2024 | Date of the reported transactions (disposition of shares). |
| 03/08/2024 | Date of signature for the Form 4 filing. |
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