First Financial Bancorp (FFBC) officer adjusts share count after tax-withholding event
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
FIRST FINANCIAL BANCORP (FFBC) insider update: Gregory A. Harris, President of Wealth Management, filed an amended insider report to correct a prior share count and document a routine tax-related share disposition.
The filing shows 1,957 shares of Common Stock were disposed of at $27.25 per share to satisfy tax obligations by delivering shares, rather than selling them in the market. After this tax-withholding disposition, Harris directly holds 51,233 shares of Common Stock.
Footnotes explain that an earlier Form 4 incorrectly reported the number of shares, and the balance has been adjusted to reconcile the difference between 2,048 previously referenced shares and the 1,957 shares actually used for tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Gregory A
Role
President, Wealth Management
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,957 | $27.25 | $53K |
Holdings After Transaction:
Common Stock — 51,233 shares (Direct)
Footnotes (1)
- Incorrect number of shares reported on Form 4. Correct number of shares is 2,048. Balance reduced to reflect difference between 2,048 and 1,957.
FAQ
What insider transaction did FFBC executive Gregory A. Harris report on this Form 4/A?
Gregory A. Harris reported a tax-withholding disposition of 1,957 shares of First Financial Bancorp Common Stock at $27.25 per share. The shares were delivered to cover tax liabilities, not sold in an open-market trade.
What error is corrected by this amended FFBC Form 4/A filing?
The amendment corrects an incorrect number of shares reported on a prior Form 4. Footnotes state the correct number is 2,048 shares, and the current balance is reduced to reflect the difference between 2,048 and 1,957 shares.
Was the FFBC insider transaction by Gregory A. Harris an open-market sale?
No. The transaction is classified as a tax-withholding disposition, meaning 1,957 shares were delivered to satisfy tax obligations. The filing does not describe it as an open-market sale of shares to third-party buyers.
What role does Gregory A. Harris hold at First Financial Bancorp (FFBC)?
Gregory A. Harris is identified as an officer of First Financial Bancorp, serving as President, Wealth Management. His Form 4/A filing reports changes in his directly held Common Stock position following a tax-withholding transaction.