{"schema_version":"secwatch.filing_event.v1","accession":"0000714562-25-000039","form_type":"8-K","ticker":"THFF","cik":"0000714562","company_name":"FIRST FINANCIAL CORP /IN/","filed_at":"2025-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.079752+00:00","generated_at":"2026-05-20T02:08:51.702044+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"First Financial enters new CEO employment agreement with Norman Lowery","bullets":["New agreement effective July 1, 2025, with initial 24-month term; compensation committee may extend annually.","Base salary of $675,350 per annum; target short-term bonus at least 60% of base; long-term incentive at least 80% of base.","Change-in-control severance: 2.99x base salary plus prior year bonus, plus three years benefit reimbursement.","Non-compete restricted to 75-mile radius of Terre Haute (50 miles if terminated without cause or for good reason).","Contains standard confidentiality, non-solicit, and Section 280G parachute payment limitation provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0000714562-25-000039","json":"https://secwatch.observer/filing/0000714562-25-000039.json","markdown":"https://secwatch.observer/filing/0000714562-25-000039.md","text":"https://secwatch.observer/filing/0000714562-25-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714562/000071456225000039/0000714562-25-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714562/000071456225000039/thff-20250602x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T02:08:51.702044+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"}