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Issuer (NYSE: FBP) insider files to sell 15,000 common shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of FBP has filed a notice of proposed sale of common stock under Rule 144. The filing covers up to 15,000 common shares, with an aggregate market value of 303,750, to be sold through Goldman Sachs & Co. LLC on the NYSE, with an approximate sale date of 12/03/2025. The issuer reports 157,936,923 common shares outstanding.

The shares to be sold were acquired from the issuer as equity compensation, including performance awards and restricted stock awards granted between 03/18/2022 and 03/25/2024. The seller, Donald L. Kafka, also sold 1,000 common shares during the past three months on 10/06/2025 for gross proceeds of 22,201.50. By signing the notice, the seller represents that they are not aware of undisclosed material adverse information about the issuer’s operations.

Positive

  • None.

Negative

  • None.

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

FAQ

What does the Form 144 filing for FBP report?

The Form 144 reports that a shareholder of FBP intends to sell up to 15,000 shares of common stock under Rule 144, with an aggregate market value of 303,750, through Goldman Sachs & Co. LLC on the NYSE.

How many FBP shares are outstanding according to this notice?

The notice states that there are 157,936,923 common shares outstanding for the issuer at the time of the filing.

How were the FBP shares being sold under Form 144 originally acquired?

The common shares were acquired from the issuer as compensation, including performance awards and restricted stock awards granted on dates such as 03/18/2022, 03/21/2022, 03/18/2023, and 03/25/2024, with payment described as compensation.

Who is the selling shareholder in the FBP Form 144 filing?

The selling shareholder identified is Donald L. Kafka, whose account the securities are to be sold for, as disclosed in the section covering prior sales during the past three months.

What prior FBP share sales has the seller made in the last three months?

The seller, Donald L. Kafka, previously sold 1,000 common shares on 10/06/2025 for 22,201.50 in gross proceeds, as reported in the three‑month sales history.

Which broker will handle the planned FBP share sale under Rule 144?

The planned sale of 15,000 FBP common shares will be handled by Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282, with the shares listed on the NYSE.

What representation does the FBP Form 144 seller make about inside information?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.

First Bancorp P R

NYSE:FBP

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