First Financial CEO corrects size of stock award
Brown Archie M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Brown Archie M reported acquisition or exercise transactions in this Form 4 filing.
First Financial Bancorp President & CEO Archie M. Brown filed an amended insider report to correct the size of a recent stock award. The filing states that the grant is 54,138 shares of common stock, rather than 20,668 shares previously reported.
According to the disclosure, this total includes 27,069 restricted performance shares that will vest after three years if specified performance measures are achieved. Brown also reports additional indirect ownership through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,668 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Amount of shares granted was incorrectly listed as 20,668. The correct amount is 54,138, which includes 27,069 restricted performance shares subject to vesting at three years upon the attainment of certain performance measures.
- F2. Balance adjusted to reflect accurate number of shares granted.
FAQ
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What did FFBC CEO Archie M. Brown report in this amended Form 4?
What portion of Archie M. Brown’s FFBC award is performance-based?
AI-generated analysis. How Rhea-AI works. Not financial advice.