First Financial (FFBC) CFO trims stake with 4,263-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Financial Bancorp Chief Financial Officer James M. Anderson reported an open-market sale of 4,263 shares of common stock at $30.00 per share. After this sale, he directly holds 118,537 shares of common stock. Indirect holdings include 20,563.4069 shares through a 401(k), 828 shares as UTMA custodian for his son, and 566 shares as UTMA custodian for his daughter.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,263 shares ($127,890)
Net Sell
4 txns
Insider
ANDERSON JAMES M
Role
Chief Financial Officer
Sold
4,263 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,263 | $30.00 | $128K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 118,537 shares (Direct, null);
Common Stock — 566 shares (Indirect, As UTMA Custodian for Daughter)
Footnotes (1)
Key Figures
Shares sold: 4,263 shares
Sale price: $30.00 per share
Direct holdings after sale: 118,537 shares
+3 more
6 metrics
Shares sold
4,263 shares
Open-market sale of common stock
Sale price
$30.00 per share
Price for 4,263 shares of common stock
Direct holdings after sale
118,537 shares
Common stock held directly by CFO after transaction
401(k) indirect holdings
20,563.4069 shares
Common stock held indirectly via 401(k)
UTMA son holdings
828 shares
Indirect common stock as UTMA custodian for son
UTMA daughter holdings
566 shares
Indirect common stock as UTMA custodian for daughter
Key Terms
Open-market sale, Common Stock, 401-K, UTMA Custodian
4 terms
Open-market sale financial
"reported an open-market sale of 4,263 shares of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"reported an open-market sale of 4,263 shares of common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
401-K financial
"Indirect holdings include 20,563.4069 shares through a 401(k)"
UTMA Custodian financial
"828 shares as UTMA custodian for his son, and 566 shares as UTMA custodian"
FAQ
What insider transaction did FFBC’s CFO report on this Form 4?
First Financial Bancorp’s CFO, James M. Anderson, reported an open-market sale of 4,263 shares of common stock at $30.00 per share. The filing also updates his direct and indirect share holdings following this transaction.
What indirect FFBC holdings are reported for the CFO on this Form 4?
The Form 4 reports indirect holdings of 20,563.4069 shares through a 401(k), 828 shares as UTMA custodian for his son, and 566 shares as UTMA custodian for his daughter, all in First Financial Bancorp common stock.
Does the FFBC Form 4 show any derivative securities for the CFO?
The Form 4 derivative summary for CFO James M. Anderson is empty, indicating no derivative securities transactions were reported. All disclosed positions relate to common stock, covering both direct and indirect holdings as of the reported date.