{"schema_version":"secwatch.filing_event.v1","accession":"0000714562-23-000033","form_type":"8-K","ticker":"THFF","cik":"0000714562","company_name":"FIRST FINANCIAL CORP /IN/","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.794358+00:00","generated_at":"2026-06-09T19:19:15.070430+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First Financial names Norman D. Lowery CEO effective Jan 1, 2024; father becomes Executive Chairman","bullets":["Norman D. Lowery, current COO and son of Norman L. Lowery, succeeds as President and CEO on Jan 1, 2024.","Norman L. Lowery becomes Executive Chairman through Dec 31, 2024, then non-executive Chairman.","New employment agreements: Norman L. Lowery base salary $600k as Exec Chair; Norman D. Lowery base salary $650k as CEO.","Norman D. Lowery will continue as COO until Jan 1, 2024; he is also a board member.","The transition is a planned succession; no other officer changes announced."],"urls":{"canonical":"https://secwatch.observer/filing/0000714562-23-000033","json":"https://secwatch.observer/filing/0000714562-23-000033.json","markdown":"https://secwatch.observer/filing/0000714562-23-000033.md","text":"https://secwatch.observer/filing/0000714562-23-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714562/000071456223000033/0000714562-23-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714562/000071456223000033/tmb-20231017x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T19:19:15.070430+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8434fc616a","claim":"Norman L. Lowery changed role as Executive Chairman of the Board at FIRST FINANCIAL CORP /IN/.","evidence_excerpt":"Mr. Norman L. Lowery will cease to be President and Chief Executive Officer but remain as an employee and officer in the capacity of Executive Chairman of the Board of the Corporation and Bank.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/714562/000071456223000033/0000714562-23-000033-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will cease to be President and CEO, becomes Executive Chairman"},{"label":"Role","value":"Executive Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"a132227a04","claim":"Norman D. Lowery was appointed as President and Chief Executive Officer at FIRST FINANCIAL CORP /IN/.","evidence_excerpt":"Norman D. Lowery will succeed Norman L. Lowery, the current Chairman, President and Chief Executive Officer of the Corporation and First Financial Bank N.A. (the “Bank”), as President and Chief Executive Officer of both entities, effective January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/714562/000071456223000033/0000714562-23-000033-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}