---
schema_version: "secwatch.filing_event.v1"
accession: "0001114927-24-000028"
form_type: "8-K"
ticker: "FNRN"
cik: "0001114927"
company_name: "FIRST NORTHERN COMMUNITY BANCORP"
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T06:57:50.796703+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FNRN authorizes share buyback of up to 933,043 shares (~$8.4M) starting May 1, 2024

## Summary
- Buyback represents 6% of 15,550,731 shares outstanding as of March 21, 2024 (post-stock dividend paid March 25).
- At $9.00 closing price on March 21, total consideration would be approximately $8.4M if fully executed.
- Program runs from May 1, 2024 to April 30, 2026, unless terminated earlier; purchases open market or negotiated.
- Board determined maximum repurchases will not impair capital; purpose is capital management and increased ROE.

## SEC filing metadata
- accession: 0001114927-24-000028
- form_type: 8-K
- ticker: FNRN
- cik: 0001114927
- company_name: FIRST NORTHERN COMMUNITY BANCORP
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114927/000111492724000028/0001114927-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114927/000111492724000028/form8_k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001114927-24-000028
- JSON: https://secwatch.observer/filing/0001114927-24-000028.json
- Plain text: https://secwatch.observer/filing/0001114927-24-000028.txt

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