First Bancorp (FBP) insider notice: 1,000 shares for $21,970

First Bancorp (FBP) Form 144 notice reports a proposed sale of 1,000 common shares with an aggregate market value of $21,970.

Rhea-AI Filing Summary

First Bancorp (FBP) Form 144 notice reports a proposed sale of 1,000 common shares with an aggregate market value of $21,970. The securities were acquired on 03/18/2023 as performance awards and the planned sale is through Goldman Sachs & Co. LLC on the NYSE with an approximate sale date of 10/06/2025. The filing also discloses a prior sale by Donald L. Kafka of 40,000 shares on 08/12/2025 for gross proceeds of $838,544. The filer certifies there is no undisclosed material information and signs the statutory attestation required by the form.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the First Bancorp (FBP) Form 144 report?

It reports a proposed sale of 1,000 common shares with an aggregate market value of $21,970, to be sold via Goldman Sachs & Co. LLC on the NYSE around 10/06/2025.

When and how were the 1,000 shares acquired?

The shares were acquired on 03/18/2023 as compensation (performance awards), and payment was recorded as compensation.

Did the filer sell other First Bancorp shares recently?

Yes. The filing discloses a sale by Donald L. Kafka of 40,000 shares on 08/12/2025 for gross proceeds of $838,544.

Who is the broker handling the proposed sale?

The proposed sale lists Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY, as the broker for the transaction.

Does the filing state any undisclosed material information?

By signing the notice, the person selling represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/06/2025 - 04:57 PM EDT 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	0001631334
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	First BanCorp.
SEC File Number	001-14793
Address of Issuer	1519 Ponce de Leon Avenue Stop 23 San Juan PUERTO RICO 00908
Phone	1-787-729-8200
Name of Person for Whose Account the Securities are To Be Sold	Donald L. Kafka
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	Officer

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
Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	1000	21970	160469644	10/06/2025	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 *
Common	03/18/2023	Acquired as compensation -- Performance Awards	Issuer			1000	03/18/2023	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Donald L. Kafka 1519 Ponce de Leon Avenue Stop 23 San Juan PR 00908	Common	08/12/2025	40000	838544

144: Remarks and Signature

Remarks	All shares to be sold by Kafka Family Trust.
Date of Notice	10/06/2025
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	Goldman Sachs & Co. LLC on behalf of Donald L. Kafka
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)