Harrod William R 4/A
4/A · FIRST FINANCIAL BANCORP /OH/ · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
First Financial (FFBC) Chief Credit Officer William Harrod Withholds 2,291 Shares
What Happened
William R. Harrod, Chief Credit Officer of First Financial Bancorp (FFBC), had shares withheld to cover taxes related to an option exercise. The original Form 4 reported 2,225 shares disposed at $27.25 each (proceeds/value $60,631). An amended filing corrects the transaction to 2,291 shares, which equals about $62,430 at $27.25 per share. This was a tax-withholding/cashless-type disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-07; Amended Form 4 filed: 2026-03-26.
- Reported disposition: originally 2,225 shares @ $27.25 = $60,631; corrected to 2,291 shares @ $27.25 ≈ $62,429.75.
- Transaction type/code: F — payment of exercise price or tax liability (shares withheld).
- Footnotes: F1 notes an incorrect number on the original Form 4; F2 says the balance was reduced to reflect the difference between 2,291 and 2,225.
- Shares owned after the transaction: not specified in the provided excerpt — see the full amended Form 4 for post-transaction holdings.
- Filing timeliness: the amendment was filed 19 days after the transaction date, indicating a correction after the initial filing (check the full record for original filing timeliness).
Context
Withholding shares to cover taxes on exercised options is a routine administrative action and does not necessarily reflect a change in the officer’s view of the company. For retail investors, purchases or open-market buys tend to be more informative about insider sentiment; tax withholdings are common following option exercises.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-07$27.25/sh−2,225$60,631→ 66,912 total
- 0(indirect: Restricted Performance)
Common Stock
Footnotes (2)
- [F1]Incorrect number of shares reported on Form 4. Correct number of shares is 2,291.
- [F2]Balance reduced to reflect difference between 2,291 and 2,225.