Director Hans Peter receives 863-share stock award at First Bancorp (FBNC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Bancorp director Hans Peter received a stock award of 863 shares of Common Stock. The grant was recorded at a price of $57.99 per share and is classified as a non-derivative, compensation-related acquisition. Following this award, Peter directly holds 863 shares of First Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hans Peter
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
Stock award size: 863 shares
Recorded grant price: $57.99 per share
Shares owned after transaction: 863 shares
3 metrics
Stock award size
863 shares
Non-derivative grant of Common Stock
Recorded grant price
$57.99 per share
Value used for the 863-share stock award
Shares owned after transaction
863 shares
Total direct holdings following the award
Key Terms
Common Stock, non-derivative, Grant, award, or other acquisition, direct ownership
4 terms
Common Stock financial
"863 shares of 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.
non-derivative financial
"the grant was recorded as a non-derivative transaction"
Grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
direct ownership financial
"following this award, Peter directly holds 863 shares"
FAQ
What insider transaction did First Bancorp (FBNC) director Hans Peter report?
Hans Peter reported receiving a grant of 863 shares of First Bancorp Common Stock. The transaction is classified as a non-derivative grant or award acquisition, reflecting compensation rather than an open-market stock purchase or sale.
At what price was Hans Peter’s First Bancorp (FBNC) stock award recorded?
The 863-share stock award to Hans Peter was recorded at $57.99 per share. This value represents the transaction price used in the Form 4, typical for reporting the fair value of equity compensation grants.
Was Hans Peter’s First Bancorp (FBNC) Form 4 transaction a stock purchase or sale?
The transaction was neither an open-market purchase nor a sale. It is coded as “A” for a grant, award, or other acquisition, indicating shares were received as compensation rather than bought or sold in the market.
Does Hans Peter hold any First Bancorp (FBNC) derivative securities in this Form 4?
This Form 4 does not show any derivative securities for Hans Peter. The filing reports only a non-derivative award of 863 shares of Common Stock and indicates no derivative positions in the derivativeSummary section.