FFBC executive 1,266-share tax withholding reported
First Financial Bancorp executive reports routine tax withholding transactions.
Rhea-AI Filing Summary
First Financial Bancorp executive reports routine tax withholding transactions. Chief Commercial Banking Officer Matthew David Reckman had 1,266 shares of Common Stock withheld on 2026-03-07 at $27.25 per share to cover tax obligations. Following these dispositions, he directly holds 32,198 shares of First Financial Bancorp Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,266 shares
Exercise Price or Tax Liability
2 txns
Insider
Reckman Matthew David
Role
Chief Comm. Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 815 | $27.25 | $22K |
| Exercise Price or Tax Liability | Common Stock | 451 | $27.25 | $12K |
Holdings After Transaction:
Common Stock — 32,198 shares (Direct)
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FFBC executive Matthew Reckman report?
Matthew David Reckman reported tax-withholding dispositions of First Financial Bancorp Common Stock. On 2026-03-07, 1,266 shares were withheld at $27.25 per share to satisfy tax liabilities, rather than sold in open-market transactions, reflecting a routine administrative event tied to equity compensation.
Were the FFBC insider transactions classified as open-market sales or tax withholding?
The transactions are classified as tax-withholding dispositions, not open-market sales. Code F indicates payment of exercise price or tax liability by delivering securities, meaning shares were withheld to cover obligations tied to equity awards rather than actively sold on the market.
What transaction code was used in Matthew Reckman’s FFBC Form 4?
The Form 4 uses transaction code F for both entries. This code signifies payment of an exercise price or tax liability by delivering securities, confirming that the 1,266 FFBC shares were withheld for tax-related purposes instead of being discretionary market sales by the executive.
AI-generated analysis. How Rhea-AI works. Not financial advice.