$THFF·8-K

FIRST FINANCIAL CORP /IN/ · Apr 15, 2:48 PM ET

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FIRST FINANCIAL CORP /IN/ 8-K

Research Summary

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First Financial Corp Reports 2026 Shareholder Vote Results

What Happened
First Financial Corporation filed an 8‑K on April 15, 2026, reporting the final voting results from its 2026 annual meeting of shareholders. Five director nominees were elected to three‑year terms expiring in 2029. Shareholders also approved, by a non‑binding advisory vote, the 2025 executive compensation, and ratified Crowe LLP as the independent registered public accounting firm for 2026.

Key Details

  • Director election results (votes FOR / WITHHELD):
    • Mark J. Blade: 8,305,583 FOR; 493,315 WITHHELD
    • Gregory L. Gibson: 7,851,996 FOR; 946,902 WITHHELD
    • Norman D. Lowery: 8,573,918 FOR; 224,980 WITHHELD
    • Paul J. Pierson: 7,997,367 FOR; 801,531 WITHHELD
    • Richard J. Shagley: 8,161,790 FOR; 637,108 WITHHELD
    • There were 1,855,729 broker non‑votes on the director election.
  • Say‑on‑Pay (non‑binding advisory vote on 2025 executive compensation): 8,358,133 FOR; 394,294 AGAINST; 46,471 ABSTAIN; 1,855,729 broker non‑votes.
  • Auditor ratification: Crowe LLP was ratified for 2026 with 10,411,945 FOR; 230,385 AGAINST; 12,297 ABSTAIN.

Why It Matters
These results confirm the company’s board composition for the next three years and show shareholder support for the company’s 2025 executive compensation plan (non‑binding). Ratification of Crowe LLP ensures continuity of the external audit provider for 2026. The sizable number of broker non‑votes on director and compensation items reflects shares held by brokers that did not vote on those proposals, which can affect the percentage support calculated by shareholders.

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