FIRST BANCORP /NC/ (FBNC) director awarded 863 shares of common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST BANCORP /NC/ director Katharine Caldwell Nevin reported receiving a grant of 863 shares of Common Stock. The award was recorded at a price of $57.99 per share. Following this non-market acquisition, her directly owned position stands at 863 shares, indicating an initial reported holding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nevin Katharine Caldwell
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 863 | $57.99 | $50K |
Holdings After Transaction:
Common Stock — 863 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 863 shares
Grant price: $57.99 per share
Shares held after grant: 863 shares
3 metrics
Shares granted
863 shares
Non-derivative stock grant coded as acquisition (A)
Grant price
$57.99 per share
Reported transaction price for the 863-share award
Shares held after grant
863 shares
Total direct common stock ownership after transaction
Key Terms
Common Stock, Grant, award, or other acquisition, non-derivative
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did FBNC director Katharine Caldwell Nevin report?
Director Katharine Caldwell Nevin reported receiving a grant of 863 FBNC Common Stock shares. The Form 4 classifies this as a “Grant, award, or other acquisition,” reflecting a non-market award rather than an open-market stock purchase or sale.
At what price was Katharine Caldwell Nevin’s FBNC stock grant recorded?
The 863-share grant to Katharine Caldwell Nevin was recorded at $57.99 per share. This price is used for reporting purposes on the Form 4 and does not indicate an open-market trade or a transaction initiated by the director.
Was Katharine Caldwell Nevin’s FBNC transaction a stock purchase or a grant?
The transaction was a grant, not an open-market purchase. The Form 4 uses transaction code “A” and the description “Grant, award, or other acquisition,” indicating the shares were awarded rather than bought on the open market.
Does the Form 4 for FBNC show any stock sales by Katharine Caldwell Nevin?
The Form 4 does not show any stock sales by Katharine Caldwell Nevin. It reports only one non-derivative transaction coded as an acquisition grant of 863 shares, with no corresponding sales or disposals included in the summary.