4Filed Sep 15, 8:00 PM ET
FFBC Chief Commercial Banking Officer Receives 7,636-Share Award
$FFBC · FIRST FINANCIAL BANCORP /OH/Research Summary
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FFBC Chief Commercial Banking Officer Receives 7,636-Share Award
What Happened
- Matthew D. Reckman, Chief Commercial Banking Officer of First Financial Bancorp (FFBC), was granted 7,636 shares on 2026-09-14. The award is recorded at $32.74 per share for a total reported value of $250,003. The Form 4 lists the transaction type as an award/acquisition (code A), meaning these shares were issued as compensation rather than bought on the open market.
Key Details
- Transaction date and price: 2026-09-14 at $32.74 per share (total value $250,003).
- Transaction type: Award / Acquisition (code A) — shares issued as compensation.
- Vesting: Footnote F1 — the shares have a three-year cliff vest (no vesting until the three-year date).
- Shares owned after transaction: Not specified in the filing.
- Filing date and timeliness: Form 4 filed 2026-09-16 (filed within the standard two-business-day window for Form 4 reporting).
Context
- This was a compensation grant, not an open-market purchase or sale; such awards typically reflect pay and retention arrangements and do not by themselves indicate immediate insider buying or selling activity.
- The three-year cliff means Reckman must remain employed through the cliff period before any of these shares vest.