Form 4: First Financial Bancorp Officer James R. Shank Reports Stock Disposals
SEC Form 4 Filing
James R. Shank, Chief Internal Auditor of First Financial Bancorp, reports the disposal of common stock to cover tax obligations.
Summary
- James R. Shank, Chief Internal Auditor of First Financial Bancorp, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of common stock on March 1, 2024, and March 2, 2024, to satisfy tax obligations.
- A total of 557 shares were disposed of on March 1, 2024, and 476 shares on March 2, 2024, both at a price of $21.62 per share.
- Following these transactions, Shank directly owns 13,773 shares of First Financial Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a common practice for officers of publicly traded companies.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 2020-11-13 | Date of Power of Attorney execution. |
| 2024-03-01 | Disposal of 557 shares of common stock at $21.62. |
| 2024-03-02 | Disposal of 476 shares of common stock at $21.62. |
| 2024-03-04 | Date of signature on the Form 4 filing. |
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