Short answer
FIRST FINANCIAL BANCORP /OH/ (FFBC) filed an 8-K current report with the SEC on September 15, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). One-time retention grants totaling $6.25M and 190,900 shares, vesting fully after three years.
FIRST FINANCIAL BANCORP /OH/ 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- One-time retention grants totaling $6.25M and 190,900 shares, vesting fully after three years
- Executives must retain at least 75% of vested shares for two additional years, reinforcing long-term shareholder alignment
- CEO Archie Brown’s agreement provides three years’ salary and bonus severance plus accelerated performance-award settlement
- Severance protections expanded, including 24 months’ salary generally and 30 months for James Anderson and Karen Woods
- Change-in-control benefits include 18 months’ healthcare coverage and accelerated performance awards, increasing potential obligations to shareholders
Item 7.01 · Regulation FD Disclosure
- Press release dated September 15, 2026 covering organizational changes
- Organizational changes may affect management structure and execution, requiring review of the accompanying exhibit
Item EX-99.1 · Exhibit EX-99.1
- Immediate leadership promotions expand succession planning while Archie Brown remains CEO of First Financial Bancorp. and First Financial Bank
- Jamie Anderson becomes president while retaining CFO responsibilities, overseeing operations, financial performance, strategy implementation, and board reporting
- Mandy Neeley becomes chief banking officer, leading commercial, wealth, consumer, and mortgage revenue-producing businesses
- Matt Reckman adds commercial credit, corporate banking, investment real estate, and Bannockburn Capital Markets oversight
- Karen Woods adds credit administration and audit responsibilities, with underwriting authority shifting toward business lines and centralized asset-quality monitoring
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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