STOCK TITAN

First Bank (NYSE: FBP) Form 144 covers resale of stock award shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder affiliated with First Bank filed a Form 144 indicating an intention to sell shares of the company’s common stock listed on the NYSE. The securities include stock acquired as a Stock Award from First Bank on 03/24/2024 as compensation.

The filing explicitly identifies 5,441 shares of common stock from this compensation award, and notes there are 30 additional acquisitions detailed in an attachment, which together define the potential resale amount under Form 144.

Positive

  • None.

Negative

  • None.
Stock award shares 5,441 shares Common stock from a First Bank stock award dated 03/24/2024
Additional acquisitions noted 30 acquisitions Number of other acquisitions referenced in the attachment to the Form 144
Form 144 regulatory
"A holder affiliated with First Bank filed a Form 144 indicating an intention"
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.
Stock Award financial
"The securities include stock acquired as a Stock Award from First Bank"
compensation financial
"The filing explicitly identifies 5,441 shares of common stock from this compensation award"

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

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FAQ

What does the Form 144 filing for FBP indicate?

The Form 144 indicates an affiliate of First Bank (FBP) intends to sell shares of its common stock. The filing covers stock received as compensation and outlines a potential resale under Rule 144.

How many First Bank (FBP) shares are covered by the specific stock award?

The filing specifies 5,441 shares of First Bank common stock from a stock award dated 03/24/2024. These shares were received as compensation and are included in the potential resale under Form 144.

When were the Form 144 shares for FBP acquired?

The identified shares were acquired on 03/24/2024 through a Stock Award from First Bank. The filing classifies the nature of this acquisition as compensation, which is now being reported for potential resale under Rule 144.

Are there additional acquisitions beyond the 5,441 FBP shares in the Form 144?

Yes. The Form 144 notes an attachment describing 30 additional acquisitions of First Bank common stock. These additional transactions, together with the 5,441-share stock award, define the full scope of securities that may be sold.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature