Form 4: First Financial Corp Director Reports Indirect Acquisition of Shares Through Trusts
SEC Form 4 Filing
Gregory L. Gibson, a director at First Financial Corp, reported the indirect acquisition of shares through the Max L. Gibson Marital Share Trust and the Max & Jaquelin Gibson Foundation.
Summary
- On August 6, 2023, Gregory L. Gibson, a director of First Financial Corp (THFF), reported transactions involving the company's stock.
- The transactions involved the indirect acquisition of shares through two trusts: the Max L. Gibson Marital Share Trust and the Max & Jaquelin Gibson Foundation.
- 115,062 shares were acquired by the Max L. Gibson Marital Share Trust, bringing the total shares beneficially owned following the transaction to 219,679.
- 13 shares were acquired by the Max & Jaquelin Gibson Foundation, bringing the total shares beneficially owned following the transaction to 219,692.
- Mr. Gibson disclaims beneficial ownership of these shares as he is acting as a trustee for both trusts.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, required by the SEC to ensure transparency and prevent insider trading. It provides insight into the actions of company directors, although in this case, the director disclaims beneficial ownership.
Stakeholder Impact
- Shareholders are informed about the transactions of a company director.
- The filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 08/06/2023 | Date of the reported transactions. |
| 02/25/2025 | Date of signature by Rodger A. McHargue (POA for Gregory L. Gibson). |
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