Reckman Matthew David 4
4 · FIRST FINANCIAL BANCORP /OH/ · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
First Financial (FFBC) CCO Matthew Reckman Withholds Shares for Taxes
What Happened
- Matthew D. Reckman, Chief Commercial Banking Officer of First Financial Bancorp (FFBC), had a total of 1,266 shares withheld to satisfy tax obligations tied to equity compensation. The filings show 815 shares withheld at $27.25 ($22,209) and 451 shares withheld at $27.25 ($12,290), for a combined value of $34,499. These disposals are recorded as tax-withholding rather than open-market sales.
Key Details
- Transaction date: 2026-03-07
- Filing date: 2026-03-10 (no late-filing flag noted in the SEC record)
- Price per share: $27.25
- Shares withheld/disposed: 815 shares ($22,209) + 451 shares ($12,290) = 1,266 shares total (~$34,499)
- Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes)
- Shares owned after the transaction: not specified in this Form 4
- No 10b5-1 plan or other special footnotes were reported in the filing
Context
- This appears to be routine tax withholding following an equity grant or option exercise (a cashless-type settlement where the company retains shares to cover taxes). Because shares were withheld for taxes rather than sold on the open market, this transaction is typically considered administrative and not a directional signal about the insider’s view of the stock. Purchases by insiders generally carry more direct informational weight than tax-withholding disposals.
Insider Transaction Report
Form 4
Reckman Matthew David
Chief Comm. Banking Officer
Transactions
- Tax Payment
Common Stock
2026-03-07$27.25/sh−815$22,209→ 32,649 total - Tax Payment
Common Stock
2026-03-07$27.25/sh−451$12,290→ 32,198 total
Signature
/s/ Maria Hinkel, POA|2026-03-10