[Form 4/A] FIRST BANCORP /NC/ Amended Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
FIRST BANCORP /NC/ director and executive Gregory A. Currie reported a tax-related share disposition. On restricted stock, 2,096 shares were withheld by the company at $63.53 per share to satisfy income taxes on previously granted shares. Following this, he directly holds 28,293 restricted shares, 33,138 common shares, and 3,918.36 shares in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
CURRIE GREGORY A
Role
Chief Exec. Officer-First Bank
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Restricted Stock | 2,096 | $63.53 | $133K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock in 401K Plan | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 28,293 shares (Direct, null);
Common Stock — 33,138 shares (Direct, null);
Common Stock in 401K Plan — 3,918.36 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld restricted shares: 2,096 shares
Tax-withholding share value: $63.53 per share
Restricted stock after transaction: 28,293 shares
+3 more
6 metrics
Tax-withheld restricted shares
2,096 shares
Restricted Stock withheld to satisfy income taxes
Tax-withholding share value
$63.53 per share
Valuation for 2,096 withheld restricted shares
Restricted stock after transaction
28,293 shares
Directly held restricted stock following tax withholding
Common stock holdings
33,138 shares
Directly held common stock after reported holdings update
401(k) plan holdings
3,918.36 shares
Common stock in 401K Plan after reported holdings update
Tax-withholding shares count
2,096 shares
transactionSummary taxWithholdingShares disclosed in filing
Key Terms
Restricted Stock, tax-withholding disposition, 401K Plan, Form 4/A
4 terms
Restricted Stock financial
"Restricted Stock, 2,096 shares were withheld by the company"
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 2,096 restricted shares"
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.
401K Plan financial
"Common Stock in 401K Plan with 3,918.36 shares held"
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
Form 4/A regulatory
"reported on Form 4 and updated through this 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.
