{"schema_version":"secwatch.filing_event.v1","accession":"0000714562-24-000046","form_type":"8-K","ticker":"THFF","cik":"0000714562","company_name":"FIRST FINANCIAL CORP /IN/","filed_at":"2024-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.673309+00:00","generated_at":"2026-05-31T11:56:58.978572+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"First Financial signs new CEO employment agreement with Norman Lowery; base salary $650K","bullets":["New 24-month employment agreement for President/CEO Norman D. Lowery effective July 1, 2024.","Annual base salary set at $650,000; target short-term bonus 60% and long-term incentive 80% of base.","Term extends to June 30, 2026, with possible one-year extensions by Compensation Committee.","Provides non-compete (75-mile radius) and non-solicit covenants for one year post-termination.","Change-in-control provision offers enhanced severance up to 2.99x base plus bonus."],"urls":{"canonical":"https://secwatch.observer/filing/0000714562-24-000046","json":"https://secwatch.observer/filing/0000714562-24-000046.json","markdown":"https://secwatch.observer/filing/0000714562-24-000046.md","text":"https://secwatch.observer/filing/0000714562-24-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714562/000071456224000046/0000714562-24-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714562/000071456224000046/thff-20240731x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:56:58.978572+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}