First Bancorp (FBNC) COO receives 2,902-share restricted stock grant

Rhea-AI Filing Summary

Wilson Christian Anthony reported acquisition or exercise transactions in this Form 4 filing.

First Bancorp (NC) Chief Operating Officer Christian Anthony Wilson received a grant of 2,902 shares of restricted stock on June 23, 2026 at $62.03 per share under the company’s Long Term Incentive Plan. These shares vest on July 10, 2029, bringing his directly owned restricted stock holdings to 12,362 shares, alongside 120 shares of directly held common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Wilson Christian Anthony

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock	2,902	$62.03	$180K
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock — 12,362 shares (Direct, null); Common Stock — 120 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock grant: 2,902 shares Grant price: $62.03 per share Restricted shares after grant: 12,362 shares +2 more

5 metrics

Restricted stock grant 2,902 shares Grant to COO on June 23, 2026

Grant price $62.03 per share Restricted stock grant under Long Term Incentive Plan

Restricted shares after grant 12,362 shares Directly owned restricted stock following transaction

Common stock holding 120 shares Directly held common stock reported as holding

Vesting date July 10, 2029 Vesting schedule for restricted stock grant

Key Terms

Restricted Stock, Long Term Incentive Plan, vest

3 terms

Restricted Stock financial

"Represents shares of Common Stock granted under the Company's Long Term Incentive Plan."

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

"Represents shares of Common Stock 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.

vest financial

"The shares vest on July 10, 2029."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 02:36 PM Accepted by SEC EDGAR 06/25/2026 - 02:36 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 NORTH CAROLINA 27401

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026

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

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

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

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
Restricted Stock	06/23/2026		A		2,902(1)	A	$62.03	12,362	D
Common Stock								120	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 of Common Stock granted under the Company's Long Term Incentive Plan. The shares vest on July 10, 2029.

	/s/ Anna L. Miller, Attorney in-fact	06/25/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FBNC COO Christian Anthony Wilson report?

FBNC’s Chief Operating Officer Christian Anthony Wilson reported a grant of 2,902 shares of restricted stock. The award was made on June 23, 2026 at $62.03 per share under the company’s Long Term Incentive Plan as compensation, not an open-market purchase.

How many FBNC restricted shares does the COO hold after this Form 4?

After this grant, the COO directly holds 12,362 shares of restricted stock. This total includes the newly awarded 2,902 restricted shares, which were granted under the Long Term Incentive Plan and are scheduled to vest on July 10, 2029.

What is the vesting schedule for the FBNC restricted stock grant?

The 2,902 restricted shares granted to FBNC’s COO vest on July 10, 2029. Until vesting, the shares remain subject to the company’s Long Term Incentive Plan conditions, which typically require continued employment or meeting specific performance criteria.

At what price was the FBNC restricted stock grant valued?

The restricted stock grant to the FBNC COO was valued at $62.03 per share. This price is the grant-date fair value used for the award under the Long Term Incentive Plan, rather than a price paid in an open-market transaction.

Does the FBNC COO hold additional common stock outside the restricted grant?

Yes. Separate from the restricted stock award, the Form 4 shows the COO directly holding 120 shares of common stock. This entry is reported as a holding line, without an associated buy or sell transaction on the reported date.