FFBC FIRST FINANCIAL BANCORP /OH/

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q3 2022: $57M, Q2 2022: $33M, Q1 2022: $18M, Q3 2021: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $57M vs trailing avg $17M (+238%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-40M), cannot compute buyback ratio

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 40,255 shares = 0.2% of 98,529,694 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

5 open-market purchases by 2 insiders

• Arvia Anne L () bought 618 shares at $25.25 on 2025-09-30
• BARRON WILLIAM G () bought 5,727 shares at $22.01 on 2023-03-15
• BARRON WILLIAM G () bought 415 shares at $22.01 on 2023-03-15
• BARRON WILLIAM G () bought 1,132 shares at $22.01 on 2023-03-15
• BARRON WILLIAM G () bought 775 shares at $22.01 on 2023-03-15

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $0M, sold $6M (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 32.1x more than bought. 5 C-suite officers among sellers

• Shank James R (Chief Internal Auditor) sold 3,420 shares on 2026-03-16
• Shank James R (Chief Internal Auditor) sold 320 shares on 2026-02-27
• Dennen Richard S (Chief Corp. Banking Officer) sold 20,000 shares on 2026-02-04
• Harris Gregory A (President, Wealth Management) sold 1,821 shares on 2026-02-02
• Brown Archie M (President & CEO) sold 11,500 shares on 2025-12-16
• Brown Archie M (President & CEO) sold 12,500 shares on 2025-08-14
• Shank James R (Chief Internal Auditor) sold 7,600 shares on 2025-03-19
• Harris Gregory A (President, Wealth Management) sold 5,400 shares on 2024-11-26
• ANDERSON JAMES M (Chief Financial Officer) sold 7,632 shares on 2024-11-25
• Dennen Richard S (Chief Corp. Banking Officer) sold 4,068 shares on 2024-11-25