First Financial (NASDAQ: FFBC) CEO corrects 7,425-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
First Financial Bancorp President & CEO Archie M. Brown reported a routine tax-withholding disposition of 7,425 shares of Common Stock on March 7, 2026, correcting a previously reported amount of 7,664 shares. This disposition was made by delivering shares to satisfy a tax liability.
After this correction, Brown directly holds 265,758 shares of First Financial Bancorp common stock and indirectly holds 50,594.3537 shares through a 401(k) plan. The amendment primarily fixes the share count previously disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brown Archie M
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,664 | $27.25 | $209K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 265,758 shares (Direct);
Common Stock — 50,594.354 shares (Indirect, By 401k)
Footnotes (1)
- Incorrect number of shares reported on Form 4. Correct number of shares is 7,425. Balance increased to reflect difference between 7,664 and 7,425.
FAQ
What insider transaction did FFBC CEO Archie M. Brown report on this Form 4/A?
Archie M. Brown reported a tax-withholding disposition of 7,425 shares of First Financial Bancorp common stock. The shares were delivered to satisfy a tax liability, rather than sold in the open market, and the filing corrects a previously misstated share amount.
Why was this Form 4/A amendment filed for First Financial Bancorp (FFBC)?
The amendment corrects the number of shares involved in a tax-withholding transaction. A prior Form 4 had reported 7,664 shares; this filing clarifies that the correct figure is 7,425 shares, and adjusts the reported share balance accordingly.
Does the FFBC CEO’s tax-withholding disposition represent an open-market stock sale?
No, the filing describes a tax-withholding disposition, not an open-market sale. Shares were delivered to cover a tax liability, which is a common administrative transaction and does not reflect a discretionary decision to sell shares on the market.
What does transaction code F mean in Archie M. Brown’s FFBC filing?
Transaction code F indicates “Payment of exercise price or tax liability by delivering securities.” In this case, 7,425 shares of First Financial Bancorp common stock were used to satisfy a tax obligation related to equity compensation.