[Form 4] First BanCorp. Insider Trading Activity

Rhea-AI Filing Summary

Reporting person Nayda Rivera, EVP, CCO and Chief of Staff of First BanCorp (FBP), reported the sale of 10,000 shares of First BanCorp common stock on 08/19/2025 at a weighted average price of $21.434 per share. After the transaction she beneficially owned 230,211 shares directly. The filing notes the shares were sold in multiple transactions at prices ranging between $21.3550 and $21.4901, and the reporting person or filer will provide detailed breakdowns on request.

Positive

• None.

Negative

• Insider sale of 10,000 shares on 08/19/2025 at a weighted average of $21.434, reducing holdings to 230,211 shares

Insights

Financial Analyst

TL;DR: Insider sold 10,000 shares at a weighted average of $21.434, leaving 230,211 shares held—routine disclosure, modest size relative to total ownership.

The sale is clearly disclosed and quantified, showing a weighted average price and a post-transaction ownership figure. This Form 4 provides transparency on timing and price ranges. The transaction size (10,000 shares) should be evaluated against total outstanding shares for materiality; the filing alone does not indicate intent or broader firm-level impact.

Corporate Governance Expert

TL;DR: The filing meets Section 16 disclosure requirements and includes an explanatory footnote about price ranges and availability of per-trade details.

The Form 4 is properly executed by an attorney-in-fact and contains the required explanation that multiple trades occurred across a price range. It documents role (EVP, CCO and Chief of Staff) and direct ownership. There are no amendments or additional flags in the form.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RIVERA NAYDA

(Last) (First) (Middle)

P.O. BOX 9146

(Street)

SAN JUAN PR 00908-0146

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST BANCORP /PR/ [ FBP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CCO and Chief of Staff

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
First BanCorp Common Stock, pay value $0.10 per share	08/19/2025		S		10,000	D	$21.434(1)	230,211	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on August 19, 2025 at prices ranging from $21.3550 to $21.4901.Thereporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff of the Securities and Exchange Commission, upon request,fullinformation regarding the number of shares sold at each separate price within the ranges set forth in footnote (1).

	/s/ Adolfo Sepulveda, Esq., Attorney-in-Fact	08/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did the First BanCorp (FBP) insider report on Form 4?

The insider reported the sale of 10,000 shares of First BanCorp common stock on 08/19/2025.

At what price were the FBP shares sold according to the Form 4?

The filing reports a weighted average sale price of $21.434, with individual trade prices ranging from $21.3550 to $21.4901.

How many FBP shares does the reporting person own after the reported transaction?

After the sale the reporting person beneficially owned 230,211 shares of First BanCorp common stock.

Who is the reporting person on this Form 4 for FBP and what is their role?

The reporting person is Nayda Rivera, identified as EVP, CCO and Chief of Staff of First BanCorp.

Does the Form 4 provide transaction-level price details?

The filing states trades occurred across a range and offers to provide full information on the number of shares sold at each separate price upon request.