First BanCorp (FBP) insider sells 10,000 shares at $21.43
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.
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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | First BanCorp Common Stock, pay value $0.10 per share | 10,000 | $21.434 | $214K |
Footnotes (1)
- F1. 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).
FAQ
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