---
schema_version: "secwatch.filing_event.v1"
accession: "0000714562-26-000047"
form_type: "8-K"
ticker: "THFF"
cik: "0000714562"
company_name: "FIRST FINANCIAL CORP /IN/"
filed_at: "2026-06-30T18:28:49+00:00"
generated_at: "2026-06-30T18:30:09.004074+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# First Financial enters new employment agreements with CFO, CCO, CLO effective July 1, 2026

## Summary
- Rodger A. McHargue (CFO) base salary $387,131; Stephen P. Panagouleas (CCO) $317,228; Mark A. Franklin (CLO) $319,307.
- Initial term of 24 months, renewable annually at Compensation Committee's discretion.
- Severance includes 2x base salary plus bonuses upon change-in-control termination; non-compete within 50-75 miles of Terre Haute or Bloomington.
- Agreements include confidentiality, non-solicitation, and non-disclosure covenants; effective July 1, 2026.

## SEC filing metadata
- accession: 0000714562-26-000047
- form_type: 8-K
- ticker: THFF
- cik: 0000714562
- company_name: FIRST FINANCIAL CORP /IN/
- filed_at: 2026-06-30T18:28:49+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714562/000071456226000047/0000714562-26-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714562/000071456226000047/thff-20260629x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714562-26-000047
- JSON: https://secwatch.observer/filing/0000714562-26-000047.json
- Plain text: https://secwatch.observer/filing/0000714562-26-000047.txt

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