[Form 4] First Bancorp/NC Insider Trading Activity
First Bancorp (FBNC) filed a Form 4 reporting that Chief Accounting Officer Blaise Bea Buczkowski had 486 restricted shares withheld on 06/20/2025 (settled 06/23/2025) under Transaction Code F, which indicates shares surrendered to cover tax liabilities on a vesting event rather than an open-market sale. The shares were valued at $40.57 each, implying a tax-withholding value of roughly $19,700. Following the transaction, the officer’s direct beneficial ownership declined to 89 shares. No derivative securities were involved, and the filing contains no indication of additional trading plans or 10b5-1 arrangements.
First Bancorp (FBNC) ha presentato un Modulo 4 segnalando che il Chief Accounting Officer Blaise Bea Buczkowski ha avuto 486 azioni vincolate trattenute il 20/06/2025 (regolamento il 23/06/2025) con il Codice di Transazione F, che indica azioni consegnate per coprire obblighi fiscali in occasione di un evento di maturazione, anziché una vendita sul mercato aperto. Le azioni sono state valutate a 40,57 $ ciascuna, implicando un valore di ritenuta fiscale di circa 19.700 $. Dopo la transazione, la proprietà diretta dell’ufficiale è scesa a 89 azioni. Non sono stati coinvolti strumenti derivati, e la comunicazione non indica piani di trading aggiuntivi né accordi 10b5-1.
First Bancorp (FBNC) presentó un Formulario 4 informando que el Director de Contabilidad Blaise Bea Buczkowski tuvo 486 acciones restringidas retenidas el 20/06/2025 (liquidado el 23/06/2025) bajo el Código de Transacción F, que indica acciones entregadas para cubrir obligaciones fiscales en un evento de adquisición, en lugar de una venta en el mercado abierto. Las acciones se valoraron en 40,57 $ cada una, implicando un valor de retención fiscal de aproximadamente 19.700 $. Tras la transacción, la propiedad directa del funcionario disminuyó a 89 acciones. No se involucraron valores derivados, y la presentación no indica planes de negociación adicionales ni acuerdos 10b5-1.
First Bancorp(FBNC)는 최고회계책임자 Blaise Bea Buczkowski가 2025년 6월 20일(결제일 6월 23일)에 486주의 제한 주식을 보유세금 납부를 위해 거래 코드 F로 보고한 Form 4를 제출했습니다. 이는 공개 시장 판매가 아닌 권리 행사 시 세금 부담을 충당하기 위해 주식을 포기한 것을 의미합니다. 주당 가치는 40.57달러로, 세금 원천징수 가치는 약 19,700달러에 해당합니다. 거래 후, 해당 임원의 직접 소유 주식은 89주로 감소했습니다. 파생 증권은 포함되지 않았으며, 추가 거래 계획이나 10b5-1 계획에 대한 언급은 없습니다.
First Bancorp (FBNC) a déposé un Formulaire 4 indiquant que le Directeur Comptable Blaise Bea Buczkowski a eu 486 actions restreintes retenues le 20/06/2025 (règlement le 23/06/2025) sous le code de transaction F, ce qui signifie que des actions ont été remises pour couvrir des obligations fiscales lors d’un événement d’acquisition, plutôt qu’une vente sur le marché libre. Les actions ont été évaluées à 40,57 $ chacune, impliquant une valeur de retenue fiscale d’environ 19 700 $. Après la transaction, la propriété directe de l’officier a diminué à 89 actions. Aucun titre dérivé n’a été impliqué, et le dépôt ne mentionne aucun plan de trading supplémentaire ni d’arrangement 10b5-1.
First Bancorp (FBNC) reichte ein Formular 4 ein, in dem berichtet wurde, dass der Chief Accounting Officer Blaise Bea Buczkowski am 20.06.2025 (Abwicklung am 23.06.2025) 486 eingeschränkte Aktien zurückbehalten hat, gemäß Transaktionscode F, was darauf hinweist, dass Aktien zur Deckung von Steuerverbindlichkeiten bei einem Vesting-Ereignis abgegeben wurden und nicht durch einen Verkauf am offenen Markt. Die Aktien wurden mit jeweils 40,57 $ bewertet, was einen Steuerabzug von etwa 19.700 $ bedeutet. Nach der Transaktion sank der direkte Besitz des Offiziers auf 89 Aktien. Es waren keine derivativen Wertpapiere beteiligt, und die Meldung enthält keine Hinweise auf weitere Handelspläne oder 10b5-1-Vereinbarungen.
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Insights
TL;DR Officer surrendered 486 shares for taxes; immaterial to FBNC valuation.
The Form 4 shows a routine F-code transaction: restricted stock withheld to satisfy payroll taxes. At roughly $20k in value, the disposal is de minimis relative to First Bancorp’s market capitalization and does not represent a discretionary sale. Post-transaction ownership of only 89 shares signals the officer’s small equity stake, but this is typical for accounting roles and does not materially affect insider-ownership dynamics. Investors should view the filing as compliance-driven with negligible impact on share supply or insider-sentiment metrics.
TL;DR Routine tax-withholding; no governance red flags detected.
Rule 16a Form 4 filings are closely watched for potential alignment signals. An F-code transaction, by definition, is non-discretionary and thus carries little signaling value. The small residual holding (89 shares) might suggest limited personal financial exposure by the Chief Accounting Officer, yet this is not uncommon in mid-cap banking institutions where equity incentives skew toward senior executives. No Rule 10b5-1 box was checked, reinforcing that the event was automatic. Overall governance implication: neutral.
First Bancorp (FBNC) ha presentato un Modulo 4 segnalando che il Chief Accounting Officer Blaise Bea Buczkowski ha avuto 486 azioni vincolate trattenute il 20/06/2025 (regolamento il 23/06/2025) con il Codice di Transazione F, che indica azioni consegnate per coprire obblighi fiscali in occasione di un evento di maturazione, anziché una vendita sul mercato aperto. Le azioni sono state valutate a 40,57 $ ciascuna, implicando un valore di ritenuta fiscale di circa 19.700 $. Dopo la transazione, la proprietà diretta dell’ufficiale è scesa a 89 azioni. Non sono stati coinvolti strumenti derivati, e la comunicazione non indica piani di trading aggiuntivi né accordi 10b5-1.
First Bancorp (FBNC) presentó un Formulario 4 informando que el Director de Contabilidad Blaise Bea Buczkowski tuvo 486 acciones restringidas retenidas el 20/06/2025 (liquidado el 23/06/2025) bajo el Código de Transacción F, que indica acciones entregadas para cubrir obligaciones fiscales en un evento de adquisición, en lugar de una venta en el mercado abierto. Las acciones se valoraron en 40,57 $ cada una, implicando un valor de retención fiscal de aproximadamente 19.700 $. Tras la transacción, la propiedad directa del funcionario disminuyó a 89 acciones. No se involucraron valores derivados, y la presentación no indica planes de negociación adicionales ni acuerdos 10b5-1.
First Bancorp(FBNC)는 최고회계책임자 Blaise Bea Buczkowski가 2025년 6월 20일(결제일 6월 23일)에 486주의 제한 주식을 보유세금 납부를 위해 거래 코드 F로 보고한 Form 4를 제출했습니다. 이는 공개 시장 판매가 아닌 권리 행사 시 세금 부담을 충당하기 위해 주식을 포기한 것을 의미합니다. 주당 가치는 40.57달러로, 세금 원천징수 가치는 약 19,700달러에 해당합니다. 거래 후, 해당 임원의 직접 소유 주식은 89주로 감소했습니다. 파생 증권은 포함되지 않았으며, 추가 거래 계획이나 10b5-1 계획에 대한 언급은 없습니다.
First Bancorp (FBNC) a déposé un Formulaire 4 indiquant que le Directeur Comptable Blaise Bea Buczkowski a eu 486 actions restreintes retenues le 20/06/2025 (règlement le 23/06/2025) sous le code de transaction F, ce qui signifie que des actions ont été remises pour couvrir des obligations fiscales lors d’un événement d’acquisition, plutôt qu’une vente sur le marché libre. Les actions ont été évaluées à 40,57 $ chacune, impliquant une valeur de retenue fiscale d’environ 19 700 $. Après la transaction, la propriété directe de l’officier a diminué à 89 actions. Aucun titre dérivé n’a été impliqué, et le dépôt ne mentionne aucun plan de trading supplémentaire ni d’arrangement 10b5-1.
First Bancorp (FBNC) reichte ein Formular 4 ein, in dem berichtet wurde, dass der Chief Accounting Officer Blaise Bea Buczkowski am 20.06.2025 (Abwicklung am 23.06.2025) 486 eingeschränkte Aktien zurückbehalten hat, gemäß Transaktionscode F, was darauf hinweist, dass Aktien zur Deckung von Steuerverbindlichkeiten bei einem Vesting-Ereignis abgegeben wurden und nicht durch einen Verkauf am offenen Markt. Die Aktien wurden mit jeweils 40,57 $ bewertet, was einen Steuerabzug von etwa 19.700 $ bedeutet. Nach der Transaktion sank der direkte Besitz des Offiziers auf 89 Aktien. Es waren keine derivativen Wertpapiere beteiligt, und die Meldung enthält keine Hinweise auf weitere Handelspläne oder 10b5-1-Vereinbarungen.
FAQ
How many FBNC shares did the Chief Accounting Officer dispose of?
What was the transaction price for the FBNC shares?
Does the filing indicate an open-market sale by the officer?
How many FBNC shares does the officer own after the transaction?
Were any derivative securities reported in the Form 4?
