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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 107 | $51.96 | $6K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents shares that were withheld to satisfy estimated income taxes on vesting Restricted Shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.