Neeley Amanda N 4
Research Summary
AI-generated summary
First Financial Bancorp (FFBC) EVP Amanda Neeley: Shares Withheld for Taxes
What Happened
Amanda N. Neeley, EVP and Chief Strategy Officer of First Financial Bancorp (FFBC), had 1,132 shares disposed on 2026-03-05 as payment to cover tax liabilities related to an option exercise or award. The shares were valued at $27.75 each, for a total of approximately $31,413. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-05; Filing date: 2026-03-06 (timely filing).
- Disposition: 1,132 shares withheld at $27.75 per share — total ~$31,413.
- Transaction code: F (payment of exercise price or tax liability / shares withheld for taxes).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- No indication in the filing that this was part of a 10b5-1 plan or an open-market sale; it appears to be standard tax withholding.
Context
When insiders exercise options or receive restricted stock, companies commonly withhold a portion of shares to cover taxes. These withholdings are routine administrative actions and do not necessarily signal the insider’s view of the company’s prospects.
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