---
schema_version: "secwatch.filing_event.v1"
accession: "0000714562-26-000044"
form_type: "8-K"
ticker: "THFF"
cik: "0000714562"
company_name: "FIRST FINANCIAL CORP /IN/"
filed_at: "2026-06-30T18:21:19+00:00"
generated_at: "2026-06-30T18:22:05.094103+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# First Financial Corp enters new CEO employment agreement with Norman Lowery; base salary $698,987

## Summary
- New 24-month employment agreement effective July 1, 2026 for President/CEO Norman D. Lowery.
- Base salary of $698,987 per year; target annual bonus of 60% of base salary.
- Long-term incentive target grant value of 80% of base salary annually.
- Change-in-control severance: 2.99 times sum of base salary and prior year bonus plus 3 years benefits.
- Non-compete within 75-mile radius of Terre Haute for one year post-termination.

## SEC filing metadata
- accession: 0000714562-26-000044
- form_type: 8-K
- ticker: THFF
- cik: 0000714562
- company_name: FIRST FINANCIAL CORP /IN/
- filed_at: 2026-06-30T18:21:19+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714562/000071456226000044/0000714562-26-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714562/000071456226000044/thff-20260629x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714562-26-000044
- JSON: https://secwatch.observer/filing/0000714562-26-000044.json
- Plain text: https://secwatch.observer/filing/0000714562-26-000044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.