FIRST FINANCIAL BANCORP /OH/·4

Mar 6, 11:02 AM ET

Shank James R 4

Research Summary

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Updated

FFBC Chief Internal Auditor James R. Shank: Shares Withheld for Taxes

What Happened

  • James R. Shank, Chief Internal Auditor of First Financial Bancorp (FFBC), had 612 shares withheld to satisfy a tax or exercise-related liability. The shares were valued at $27.75 each, for a total value of $16,983. This was a withholding/payment (not an open-market sale).

Key Details

  • Transaction date: 2026-03-05; Filing date: 2026-03-06 (filed timely).
  • Price per share: $27.75; Shares involved: 612; Total value: $16,983.
  • Transaction code: F (payment of exercise price or tax liability — typically shares surrendered/withheld).
  • Disposition: Shares were disposed/withheld to cover taxes, not sold on the open market.
  • Shares owned after the transaction: not specified in the provided filing summary.

Context

  • Code F transactions commonly reflect tax withholding following an option exercise or restricted stock vesting (a "net settlement" or withholding), and do not by themselves signal a deliberate market sale or change in sentiment.
  • For retail investors, these are routine administrative transactions and differ from open-market sales (code S) that may reflect different intentions.