First Financial CFO updates tax-withheld shares
FIRST FINANCIAL BANCORP (FFBC) Chief Financial Officer James M. Anderson filed an amended insider report to correct a prior tax-related share disposition.
Rhea-AI Filing Summary
FIRST FINANCIAL BANCORP (FFBC) Chief Financial Officer James M. Anderson filed an amended insider report to correct a prior tax-related share disposition. The filing clarifies that 3,852 shares of common stock were withheld at $27.25 per share to cover tax obligations, rather than 3,989 shares previously reported.
After this correction, Anderson directly holds 123,075 shares of common stock. He also has indirect holdings of 566 shares as UTMA custodian for his daughter, 828 shares as UTMA custodian for his son, and 20,563.4069 shares through a 401(k) plan. The transaction is a tax-withholding adjustment, not an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,989 | $27.25 | $109K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Incorrect number of shares reported on Form 4. Correct number of shares is 3,852.
- F2. Balance increased to reflect difference between 3,989 and 3,852.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FFBC CFO James Anderson report in this amended Form 4?
What are James Anderson’s direct holdings in First Financial Bancorp after this correction?
Does this FFBC Form 4/A show any open-market stock sales by the CFO?
Why was James Anderson’s earlier FFBC Form 4 corrected with this amendment?
AI-generated analysis. How Rhea-AI works. Not financial advice.