[8-K] FIRST BANCORP /NC/ Reports Material Event

Rhea-AI Filing Summary

First Bancorp (FBNC) announced a governance update. On October 30, 2025, G. Adam Currie, Chief Executive Officer of subsidiary First Bank, was appointed to the Boards of Directors of both First Bank and First Bancorp, effective immediately.

This adds the operating bank’s CEO to the holding company’s board, aligning day-to-day leadership with board oversight across the organization. The company issued a press release with the announcement.

Insights

Bank governance analyst

Board alignment: First Bank CEO joins both boards.

First Bancorp added the operating subsidiary’s CEO, G. Adam Currie, to the Boards of Directors of both the bank and the holding company. This consolidates management insight directly into board deliberations, a common structure in bank holding companies.

The change is effective immediately as of October 30, 2025. There are no financial terms disclosed. Future disclosures in company filings may provide additional context on committee assignments or governance structure.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 28, 2025

First Bancorp

(Exact Name of Registrant as Specified in its Charter)

North Carolina

0-15572

56-1421916

(State or Other Jurisdiction

(Commission

(I.R.S. Employer

of Incorporation)

File Number)

Identification Number)

205 SE Broad Street,

Southern Pines,

NC

28387

(Address of Principal Executive Offices)

(Zip Code)

(910) 246-2500

(Registrant’s telephone number, including area code)

Not Applicable

(Former Name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading symbol			Name of each exchange on which registered:
Common Stock, No Par Value			FBNC			The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

1

First Bancorp

INDEX

 

			Page
Item 5.02 - Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers			3
Item 9.01 – Financial Statements and Exhibits			3
Signatures			4
Exhibit 99.1 News Release dated October 30, 2025			5

2

ITEM 5.02. DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

On October 30, 2025, First Bancorp announced today that G. Adam Currie, Chief Executive Officer of First Bank, has been appointed to the Boards of Directors of both First Bank and First Bancorp, effective immediately.

A copy of First Bancorp’s Press Release making this announcement is attached as Exhibit 99.1 and is incorporated herein by reference.

ITEM 9.01 – FINANCIAL STATEMENTS AND EXHIBITS

Exhibit 99.1 – News Release dated October 30, 2025

3

SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

FIRST BANCORP

October 30, 2025

By:

/s/ Richard H. Moore

Richard H. Moore

Chief Executive Officer

4

FAQ

What did First Bancorp (FBNC) announce?

First Bancorp appointed G. Adam Currie, CEO of First Bank, to the Boards of Directors of both First Bank and First Bancorp, effective immediately.

Who is G. Adam Currie in relation to First Bancorp (FBNC)?

He is the Chief Executive Officer of First Bank, First Bancorp’s operating subsidiary, and is now a director of both entities.

When did the board appointments take effect for FBNC?

The appointments were effective immediately on October 30, 2025.

Does the 8-K include financial results for FBNC?

No. The filing reports a director appointment under Item 5.02 and references a related press release.

Where can I find more details on FBNC’s announcement?

A press release dated October 30, 2025 is attached as Exhibit 99.1.