First Financial (FFBC) Chief Comm. Banking Officer Receives Award

What Happened Matthew D. Reckman, Chief Commercial Banking Officer of First Financial Bancorp (FFBC), was awarded 15,272 restricted shares on September 14, 2026. The Form 4 shows an acquisition (code A) of 15,272 shares at a reported price of $0.00 (restricted stock award); the filing lists no cash paid for the award. This transaction reflects a compensation grant rather than an open‑market buy or sale.

Key Details

• Transaction date: 2026-09-14 (reported via amended Form 4 filed 2026-09-16)
• Transaction type/code: Award/Grant (A) — 15,272 restricted shares at $0.00 reported price; total reported cash value $0 on the Form 4
• Vesting: Award is subject to a three‑year cliff vesting period (per footnote)
• Shares owned after transaction: Not specified in this filing (not provided in the supplied Form 4 details)
• Filing note: This is an amended filing stating it corrects and reconciles two prior Form 4s filed Sept 16, 2026

Context Restricted stock awards are a common form of executive compensation and typically vest over time (here, a three‑year cliff), so they do not represent immediate selling or buying activity in the market. Such grants align executive pay with long‑term performance and retention rather than signaling a near‑term trade. The amendment indicates the company corrected earlier filings for accuracy.