First Financial CFO gifts 275 First Financial shares
First Financial Bancorp Chief Financial Officer James M. Anderson reported a bona fide gift of 275 shares of Common Stock.
Rhea-AI Filing Summary
First Financial Bancorp Chief Financial Officer James M. Anderson reported a bona fide gift of 275 shares of Common Stock. The gift carried a stated price of $0.0000 per share, reflecting a non-market, no‑consideration transfer rather than an open-market sale.
After the gift, Anderson directly holds 122,800 shares of First Financial Bancorp Common Stock. He also reports indirect holdings of 20,563.4069 shares through a 401‑K plan, plus 828 shares as UTMA custodian for his son and 566 shares as UTMA custodian for his daughter.
Positive
- None.
Negative
- None.
Insider Trade Summary
275 shares gifted
Gift
4 txns
Insider
ANDERSON JAMES M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 275 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 122,800 shares (Direct);
Common Stock — 566 shares (Indirect, As UTMA Custodian for Daughter);
Common Stock — 828 shares (Indirect, As UTMA Custodian for Son);
Common Stock — 20,563.4069 shares (Indirect, By 401-K)
Key Figures
Gifted shares: 275 shares
Direct holdings after gift: 122,800 shares
401-K indirect holdings: 20,563.4069 shares
+3 more
6 metrics
Gifted shares
275 shares
Bona fide gift of Common Stock
Direct holdings after gift
122,800 shares
Common Stock held directly following 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
Gift price per share
$0.0000 per share
Stated price for bona fide gift
Key Terms
bona fide gift, UTMA Custodian, Common Stock, 401-K
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
UTMA Custodian financial
"nature_of_ownership: "As UTMA Custodian for Son""
Common Stock financial
"security_title: "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
"nature_of_ownership: "By 401-K""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FFBC’s CFO report on this Form 4?
FFBC’s Chief Financial Officer James M. Anderson reported a bona fide gift of 275 shares of First Financial Bancorp Common Stock. The transaction used code G, indicating a gift rather than an open-market sale or purchase, and carried a stated price of $0.0000 per share.
What indirect FFBC holdings did the CFO report on this Form 4?
The CFO reported 20,563.4069 shares held indirectly via a 401‑K plan, 828 shares as UTMA custodian for his son, and 566 shares as UTMA custodian for his daughter. These positions are classified as indirect ownership interests in First Financial Bancorp Common Stock.
Was the FFBC CFO’s Form 4 transaction a market sale or purchase?
The reported transaction was a bona fide gift, not a market sale or purchase. It used transaction code G and listed a price of $0.0000 per share, indicating a non-cash transfer rather than trading activity in First Financial Bancorp shares on the open market.
Does the FFBC Form 4 show any option exercises or derivative transactions?
This Form 4 shows no derivative transactions or option exercises. The derivativeSummary is empty, and the only non-holding entry is the 275‑share bona fide gift of Common Stock, so no options, warrants, or convertible securities are reported as exercised or converted in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
