First Bancorp (FBNC) COO has 107 shares withheld for tax

Rhea-AI Filing Summary

First Bancorp’s Chief Operating Officer, Wilson Christian Anthony, reported a routine tax-related share withholding. On January 5, 2026, 107 shares of First Bancorp common stock were withheld at $51.96 per share to cover estimated income taxes tied to the vesting of restricted shares, rather than being sold on the open market. After this transaction, he directly beneficially owned 8,356.09 common shares of the company.

SEC Form 4

FORM 4

UNITED 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

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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^*

Wilson Christian Anthony

(Last) (First) (Middle)

232 W. MARKET ST.

(Street)

GREENSBORO NC 27401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST BANCORP /NC/ [ FBNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/05/2026	01/07/2026	F		107(1)	D	$51.96	8,356.09	D
Common Stock								0	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares that were withheld to satisfy estimated income taxes on vesting Restricted Shares.

	/s/ Anna L. Miller, Attorney in-fact	01/07/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What insider transaction did First Bancorp (FBNC) report in this Form 4?

The filing shows that Chief Operating Officer Wilson Christian Anthony had 107 shares of First Bancorp common stock withheld on January 5, 2026 to cover estimated income taxes on vesting restricted shares.

Who is the reporting person in the First Bancorp (FBNC) Form 4 filing?

The reporting person is Wilson Christian Anthony, who serves as Chief Operating Officer of First Bancorp.

What was the price used for the withheld First Bancorp (FBNC) shares?

The 107 shares of First Bancorp common stock were withheld at a price of $51.96 per share to satisfy estimated tax obligations.

How many First Bancorp (FBNC) shares does the COO own after this transaction?

Following the tax withholding transaction, Chief Operating Officer Wilson Christian Anthony directly beneficially owned 8,356.09 shares of First Bancorp common stock.

Was the First Bancorp (FBNC) Form 4 transaction a market sale?

No. The filing explains that the 107 shares were withheld to satisfy estimated income taxes on vesting restricted shares, rather than being sold in the open market.

Does the First Bancorp (FBNC) Form 4 involve derivative securities or options?

No derivative securities transactions are reported in the provided tables. The disclosed activity relates only to non-derivative common stock withheld for tax purposes.