Woods Karen B 4/A
4/A · FIRST FINANCIAL BANCORP /OH/ · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
First Financial (FFBC) GC Karen Woods: 3,466 Shares Withheld for Taxes
What Happened
Karen B. Woods, General Counsel & Chief Administrative Officer of First Financial Bancorp (FFBC), had shares withheld to satisfy a tax liability on March 7, 2026. The amended Form 4 corrects the previously reported withholding of 3,326 shares (proceeds reported $90,634) to the correct amount of 3,466 shares at $27.25 per share (≈$94,449). This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: March 7, 2026; per-share price reported: $27.25.
- Shares withheld (amended): 3,466 shares (originally reported as 3,326).
- Reported cash value (amended): ≈$94,449 (original reported value: $90,634).
- Shares owned after transaction: not specified in the amended filing.
- Footnotes: F1 corrects the number of shares to 3,466; F2 notes the reported balance was reduced to reflect the 140-share difference between 3,466 and 3,326.
- Filing status: Amended Form 4 filed March 26, 2026 (correcting the earlier report); this is later than the typical two-business-day Form 4 deadline.
Context
A tax-withholding disposition is routine when shares vest or options are exercised — the company withholds shares to cover taxes rather than the insider selling shares on the open market. Such withholdings are administrative and don’t necessarily indicate a change in insider sentiment about the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-07$27.25/sh−3,326$90,634→ 74,962 total
- 100(indirect: UTMA Custodian for Daughter)
Common Stock
Footnotes (2)
- [F1]Incorrect number of shares reported on Form 4. Correct number of shares is 3,466.
- [F2]Balance reduced to reflect difference between 3,466 and 3,326.