First Bancorp (FBNC) CFO granted 3,386 shares of restricted stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bostian Elizabeth B reported acquisition or exercise transactions in this Form 4 filing.
First Bancorp Chief Financial Officer Elizabeth B. Bostian reported a compensation-related equity grant. She received 3,386 shares of Restricted Stock at $62.03 per share under the company’s Long Term Incentive Plan, scheduled to vest on July 10, 2029. Following this award, her directly held common stock position reported in the filing increased to 18,848 shares, alongside 1,002.978 shares of common stock held in a 401K plan. The filing shows no open-market purchases or sales, only this grant and updated holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bostian Elizabeth B
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock | 3,386 | $62.03 | $210K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock in 401K Plan | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 18,848 shares (Direct, null);
Common Stock — 18,017 shares (Direct, null);
Common Stock in 401K Plan — 1,002.978 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 3,386 shares
Grant reference price: $62.03 per share
Post-grant common stock holdings: 18,848 shares
+2 more
5 metrics
Restricted stock grant
3,386 shares
Grant to CFO on June 23, 2026
Grant reference price
$62.03 per share
Restricted Stock under Long Term Incentive Plan
Post-grant common stock holdings
18,848 shares
Direct common stock after Restricted Stock award
401K plan holdings
1,002.978 shares
Common Stock in 401K plan after update
Vesting date
July 10, 2029
Restricted Stock grant vesting schedule
Key Terms
Restricted Stock, Long Term Incentive Plan, 401K Plan, Form 4
4 terms
Restricted Stock financial
"She received 3,386 shares of Restricted Stock at $62.03 per share"
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.
Long Term Incentive Plan financial
"granted under the Company's Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
401K Plan financial
"Common Stock in 401K Plan"
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 regulatory
"What insider transaction did FBNC’s CFO report on this Form 4?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did FBNC’s CFO report on this Form 4?
FBNC’s CFO Elizabeth B. Bostian reported a grant of 3,386 shares of Restricted Stock as equity compensation. The award was made under First Bancorp’s Long Term Incentive Plan at a reference price of $62.03 per share.
Is the FBNC CFO’s Form 4 transaction a buy or a compensation grant?
The Form 4 shows a compensation grant, not an open-market purchase. Elizabeth B. Bostian received 3,386 Restricted Stock shares coded as an “A” transaction, indicating a grant, award, or other acquisition from the company.