STOCK TITAN

FBNC (FBNC) CEO Richard H. Moore reports tax-withholding disposition on restricted stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

FIRST BANCORP /NC/ Chief Executive Officer Richard H. Moore reported a compensation-related share withholding for taxes, not an open-market trade. On restricted stock, 6,878 shares were disposed of at a value of $63.53 per share to cover tax obligations, leaving 42,151 restricted shares directly held. Separate holding entries show 106,206 shares of common stock held directly and 18,711.237 shares of common stock in a 401(k) plan after the reported date.

Positive

  • None.

Negative

  • None.
Insider MOORE RICHARD H
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Restricted Stock 6,878 $63.53 $437K
holding Common Stock -- -- --
holding Common Stock in 401K Plan -- -- --
Holdings After Transaction: Restricted Stock — 42,151 shares (Direct, null); Common Stock — 106,206 shares (Direct, null); Common Stock in 401K Plan — 18,711.237 shares (Direct, null)
Footnotes (1)
Tax-withheld restricted shares 6,878 shares Restricted Stock disposed of for tax withholding on 2026-06-29
Restricted stock value per share $63.53/share Value used for tax-withholding disposition on 6,878 restricted shares
Restricted stock after transaction 42,151 shares Restricted Stock directly held following tax-withholding disposition
Direct common stock holding 106,206 shares Common Stock directly held after reported date
401(k) common stock holding 18,711.237 shares Common Stock in 401K Plan after reported date
Restricted Stock financial
"Restricted Stock, transaction_shares 6878.0000 at transaction_price_per_share 63.5300"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for payment of tax liability"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock in 401K Plan financial
"security_title: Common Stock in 401K Plan with total_shares_following_transaction 18711.2370"
Form 4/A regulatory
"INSIDER FILING DATA (Form 4/A)"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MOORE RICHARD H

(Last)(First)(Middle)
1917 LEWIS CIRCLE

(Street)
RALEIGH NORTH CAROLINA 27608

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIRST BANCORP /NC/ [ FBNC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
07/02/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Restricted Stock06/29/2026F6,878D$63.5342,151D
Common Stock106,206D
Common Stock in 401K Plan18,711.237D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Anna L. Miller, Attorney in-fact07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FBNC CEO Richard H. Moore report on this Form 4/A?

Richard H. Moore reported a tax-related disposition of restricted stock, not an open-market trade. The filing shows 6,878 restricted shares were withheld to satisfy tax obligations tied to his equity compensation on the reported date.

How many FBNC restricted stock shares did Richard H. Moore have after the tax withholding?

After the tax-withholding disposition, Richard H. Moore directly held 42,151 restricted stock shares. This figure reflects the remaining restricted stock position following the 6,878 shares delivered to cover tax liabilities associated with his compensation.

Did the FBNC CEO buy or sell common stock in the open market in this Form 4/A?

The Form 4/A does not report any open-market purchases or sales of common stock. It records a tax-withholding disposition of restricted stock and updates to share balances in his direct holdings and 401(k) plan positions.

What are Richard H. Moore’s direct common stock holdings in FBNC after this filing?

Following the reported transactions, Richard H. Moore directly held 106,206 shares of FBNC common stock. This is separate from his restricted stock and 401(k) plan holdings, which are reported in distinct line items in the filing.

How many FBNC shares does Richard H. Moore hold in his 401(k) plan?

The filing shows that Richard H. Moore holds 18,711.237 shares of FBNC common stock in a 401(k) plan. This position is reported as a holding entry rather than as a new transaction on the reported date.

What does a tax-withholding disposition mean in Richard H. Moore’s FBNC Form 4/A?

A tax-withholding disposition means shares were delivered to cover tax liabilities tied to equity compensation. In this case, 6,878 restricted shares were used to satisfy taxes, and it does not represent an open-market sale decision by Moore.