First Bancorp/Southern Pines reports that State Street Corporation beneficially owns 2,074,716 shares of common stock, representing 5% of the class as reported. The filing states shared voting power of 291,077 shares and shared dispositive power of 2,074,716 shares. The schedule lists related State Street investment-adviser subsidiaries and is signed by Elizabeth Schaefer as Senior Vice President and Chief Accounting Officer on 05/12/2026.
Positive
None.
Negative
None.
Insights
Large passive holder reports a 5% beneficial stake via State Street entities.
State Street Corporation reports beneficial ownership of 2,074,716 shares or 5% of the class, with voting and dispositive rights allocated as shared power in the filing. The schedule identifies multiple State Street adviser subsidiaries as the acquiring entities.
Ownership is presented as passive/agent holdings typical of asset managers; cash-flow treatment and trading intent are not disclosed. Subsequent filings would show any changes in position.
Filing clarifies voting/dispositive split and lists affiliated advisory entities.
The form discloses 291,077 shared voting power and 2,074,716 shared dispositive power, indicating the holder exercises investment authority through multiple State Street entities. Item 6 is marked not applicable, with no third-party beneficiary over 5% identified.
Classification and subsidiary list are included; the filing does not state any group dissolution or secondary parties having dividend/proceeds rights.
Key Figures
Beneficial ownership:2,074,716 sharesPercent of class:5 %Shared voting power:291,077 shares+2 more
5 metrics
Beneficial ownership2,074,716 sharesreported on Schedule 13G
Percent of class5 %beneficial ownership percentage
Shared voting power291,077 sharesvoting power reported in Item 4(c)(ii)
Shared dispositive power2,074,716 sharesdispositive power reported in Item 4(c)(iv)
CUSIP318910106First Bancorp common stock identifier
"The filing is a Schedule 13G reporting beneficial ownership (first line)."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared dispositive powerfinancial
"Item 4(c)(iv) Shared power to dispose or to direct the disposition of: 2,074,716"
CUSIPtechnical
"First Bancorp common stock CUSIP Number(s): 318910106"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
FIRST BANCORP/SOUTHERN PINES NC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
318910106
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
318910106
1
Names of Reporting Persons
STATE STREET CORPORATION
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
291,077.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,074,716.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,074,716.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
FIRST BANCORP/SOUTHERN PINES NC
(b)
Address of issuer's principal executive offices:
300 SOUTHWEST MAIN STREET, SOUTHERN PINES, NORTH CAROLINA, 28387
Item 2.
(a)
Name of person filing:
STATE STREET CORPORATION;
(b)
Address or principal business office or, if none, residence:
ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES
(c)
Citizenship:
MA
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP Number(s):
318910106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
2074716.00
(b)
Percent of class:
5 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
291,077
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
2,074,716
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
NOT APPLICABLE
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
NOT APPLICABLE
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
NOT APPLICABLE
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does State Street report in FIRST BANCORP (FBNC)?
State Street reports beneficial ownership of 2,074,716 shares, equal to 5% of the common stock. The holdings are disclosed on a Schedule 13G and reflect shared voting and dispositive powers through State Street entities.
How much voting power does State Street have in FBNC?
The filing lists 291,077 shares as shared voting power. The schedule shows no sole voting power and attributes voting authority in part to affiliated State Street adviser entities.
Which State Street entities are named as holders of FBNC shares?
The filing names affiliated advisers including SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, and others. These entities are listed under Item 7 as the relevant subsidiaries acquiring the reported holdings.
Does the Schedule 13G indicate control by another person over these shares?
Item 6 is marked Not Applicable, indicating no other person with the right to receive dividends or sale proceeds exceeding 5% is identified in the filing. No third-party beneficiary over 5% is stated.
Who signed the Schedule 13G for State Street's FBNC filing?
The filing is signed by Elizabeth Schaefer, identified as Senior Vice President and Chief Accounting Officer, with signature date 05/12/2026 on the form.
