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Director Hans Peter receives 863-share stock award at First Bancorp (FBNC)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
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
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"
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SEC Form 4
FORM 4UNITED 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*
Hans Peter

(Last)(First)(Middle)
400 EAST FRANKLIN STREET

(Street)
CHAPEL HILL NORTH CAROLINA 27514

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026A863A$57.99863D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Anna L. Miller, Attorney in-fact06/16/2026
** Signature of Reporting PersonDate
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 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.

How many First Bancorp (FBNC) shares does Hans Peter own after this Form 4 transaction?

After the reported grant, Hans Peter directly holds 863 shares of First Bancorp Common Stock. The Form 4 shows this as his total direct ownership following the non-derivative award acquisition reported on the transaction date.

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.