First BanCorp (NYSE: FBP) plans $294K sale of award shares

Rhea-AI Filing Summary

First BanCorp is reporting a planned sale of its common stock under a Form 144 notice. The notice covers 10,000 shares of First BanCorp common stock, to be sold through Merrill Lynch at the NYSE. The shares are described as restricted stock acquired as compensation on 03/24/2025. The notice also lists an aggregate market value of $294,000 for the securities covered and references 152,668,268 shares of common stock outstanding as context. The intended sale date is stated as 08/17/2026.

Key Figures

Shares to be sold: 10,000 shares Aggregate market value: $294,000 Shares outstanding: 152,668,268 shares +2 more

5 metrics

Shares to be sold 10,000 shares Number of First BanCorp common shares covered by the Form 144 notice

Aggregate market value $294,000 Aggregate market value of the 10,000 shares to be sold

Shares outstanding 152,668,268 shares Referenced outstanding First BanCorp common shares as context for the transaction

Acquisition date of restricted stock 03/24/2025 Date the restricted stock was acquired as compensation

Intended sale date 08/17/2026 Planned sale date for the 10,000 shares on the NYSE

Key Terms

Form 144, Restricted Stock, Common Stock

3 terms

Form 144 regulatory

"144: Securities Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock financial

"Restricted Stock Acquired ascompensation"

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.

Common Stock financial

"First BanCorp 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.

FAQ

What stock sale is First BanCorp (FBP) reporting in this Form 144 notice?

First BanCorp is reporting a planned sale of 10,000 shares of its common stock. The shares are scheduled to be sold through Merrill Lynch on the NYSE, representing restricted stock previously acquired as compensation.

What is the aggregate market value of the First BanCorp (FBP) shares covered by this Form 144?

The Form 144 notice lists an aggregate market value of $294,000 for the 10,000 shares of First BanCorp common stock to be sold. This figure reflects the total market value of the securities covered by the proposed sale.

When were the First BanCorp (FBP) shares to be sold under Form 144 originally acquired?

The shares covered by the notice are identified as restricted stock acquired as compensation on 03/24/2025. This indicates the securities originated from a compensation-related award rather than an open-market purchase.

What sale date does First BanCorp (FBP) indicate for the Form 144 stock transaction?

The Form 144 notice states an intended sale date of 08/17/2026 for the 10,000 shares. This date reflects when the filer expects the transaction to occur on the NYSE through Merrill Lynch.

How many First BanCorp (FBP) shares are shown as outstanding in connection with this Form 144?

The notice references 152,668,268 shares of First BanCorp common stock outstanding. This figure provides context for the planned sale of 10,000 shares, illustrating the relative size of the proposed transaction.

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Available on EDGAR 08/17/2026 - 04:56 PM Accepted by SEC EDGAR 08/17/2026 - 04:55 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
First BanCorp Common Stock	Merrill Lynch Millenium ParkPlaza, 15 Second Street Metro Office Park Suite 210 Guaynabo PR 00968	10000	294000	152668268	08/17/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
First BanCorp Common Stock	03/24/2025	Restricted Stock Acquired ascompensation	FIRSTBANCORP/ PR			10000	03/24/2025	Restricted Stock Acquired ascompensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)