Dennen Richard S 4/A
Research Summary
AI-generated summary
First Financial (FFBC) Chief Corp. Banking Officer Sells 2,892 Shares
What Happened
- Richard S. Dennen, Chief Corporate Banking Officer at First Financial Bancorp (FFBC), reported a tax-withholding disposition (Form 4 code F) of 2,892 shares on March 7, 2026. The shares were disposed at $27.25 each for proceeds of $78,807. The Form 4 was amended to correct the reported share counts.
Key Details
- Transaction date and price: 2026-03-07 at $27.25 per share.
- Shares disposed and value: 2,892 shares surrendered for tax withholding, totaling $78,807.
- Corrected gross shares: Footnote F1 states the correct number of shares from the award/exercise was 2,987.
- Net retained (per footnotes): Footnote F2 indicates the balance was reduced to reflect the difference (2,987 − 2,892 = 95 shares retained).
- Filing: Amended Form 4 filed 2026-03-26 to correct earlier reporting; the filing corrects share counts (F1/F2).
- Post-transaction holdings: The excerpt doesn’t list total holdings explicitly; footnotes imply 95 shares remained from this award after withholding.
Context
- Code F transactions are tax-withholding dispositions tied to an award or option exercise (i.e., shares surrendered to cover taxes), not an open-market sale. These are routine and generally housekeeping rather than a direct market sentiment signal.
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