First Financial (FFBC) Matthew Reckman Receives Award

What Happened

• Matthew David Reckman, Chief Commercial Banking Officer of First Financial Bancorp (FFBC), was granted 15,272 shares on 2026-09-14. The award is reported at $32.74 per share for a total value of $500,005. This was an equity grant (Form 4 code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-09-14; 15,272 shares at $32.74/share (total $500,005).
• Shares owned after transaction: Not specified in the filing.
• Vesting/Restrictions: Footnote F1 — the shares have a three-year cliff vest (they are restricted and generally will vest only after three years).
• Filing timeliness: Report filed 2026-09-16 (reported within the normal two-business-day window; not late).
• No sale, tax-withholding, or cashless exercise reported in this filing.

Context

• Equity awards are a common form of executive compensation intended for retention and alignment with shareholders; because these shares vest on a three-year cliff, they are not immediately tradable and do not represent an instantaneous investment by the insider.
• This grant is informational rather than a direct bullish or bearish trading signal; purchases by insiders are often more indicative of sentiment than compensation grants.